Usinas Siderúrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. The company operates through four segments: Mining and Logistics, Steel Metallurgy, Steel Transformation, and Capital Assets. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; develops steel product solutions; and operates as a distribution center and trading company. The company manufactures and installs equipment for various industries; and engages in the provision of services related to road cargo transportation. It also offers stamped steel parts for the automobile industry; and products for the construction and capital goods industry, as well as engages in logistics business and produces hot-rolled galvanized steel sheets and coils. In addition, the company provides technology transfer services for steel industry; project management and services for civil construction and capital goods industry; road transportation of flat steel; hot-dip galvanizing services; and texturing and chrome plating of cylinders. Usinas Siderúrgicas de Minas Gerais S.A. was founded in 1950 and is headquartered in Belo Horizonte, Brazil.
Usinas Siderúrgicas de Minas Gerais Dividend Announcement
• Usinas Siderúrgicas de Minas Gerais announced a annually dividend of $0.05 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-04-26
• Usinas Siderúrgicas de Minas Gerais annual dividend for 2024 was $0.05
• Usinas Siderúrgicas de Minas Gerais annual dividend for 2023 was $0.07
• Usinas Siderúrgicas de Minas Gerais's trailing twelve-month (TTM) dividend yield is 4.25%
• Usinas Siderúrgicas de Minas Gerais's payout ratio for the trailing twelve months (TTM) is 46.31%
• Usinas Siderúrgicas de Minas Gerais's dividend growth over the last five years (2018-2023) was 39.46% year
Usinas Siderúrgicas de Minas Gerais Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-26 | $0.05 | annually | 2024-07-05 |
2023-05-01 | $0.07 | annually | 2023-07-07 |
2022-04-29 | $0.13 | annually | 2022-07-07 |
2021-12-22 | $0.03 | annually | 2022-01-10 |
2021-09-03 | $0.20 | annually | 2021-10-15 |
2021-04-30 | $0.03 | annually | 2021-06-10 |
2020-04-30 | $0.01 | annually | 2020-06-08 |
2019-07-11 | $0.00 | annually | 2019-07-25 |
2019-04-24 | $0.02 | annually | 2019-06-07 |
2018-05-04 | $0.01 | annually | 2018-06-06 |
2016-06-01 | $0.00 | annually | 2016-06-10 |
2016-05-05 | $0.01 | annually | 2016-05-16 |
2012-03-20 | $0.05 | annually | |
2011-03-22 | $0.09 | annually | 2011-04-15 |
2010-12-30 | $0.12 | annually | 2011-04-14 |
2010-10-08 | $0.14 | annually | 2010-11-01 |
2010-03-26 | $0.09 | annually | 2010-05-13 |
Usinas Siderúrgicas de Minas Gerais Dividend per year
Usinas Siderúrgicas de Minas Gerais Dividend growth
Usinas Siderúrgicas de Minas Gerais Dividend Yield
Usinas Siderúrgicas de Minas Gerais current trailing twelve-month (TTM) dividend yield is 4.25%. Interested in purchasing Usinas Siderúrgicas de Minas Gerais stock? Use our calculator to estimate your expected dividend yield:
Usinas Siderúrgicas de Minas Gerais Financial Ratios
Usinas Siderúrgicas de Minas Gerais Dividend FAQ
Other factors to consider when evaluating Usinas Siderúrgicas de Minas Gerais as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Usinas Siderúrgicas de Minas Gerais's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Usinas Siderúrgicas de Minas Gerais publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Usinas Siderúrgicas de Minas Gerais distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Usinas Siderúrgicas de Minas Gerais are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Usinas Siderúrgicas de Minas Gerais sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Usinas Siderúrgicas de Minas Gerais distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Usinas Siderúrgicas de Minas Gerais declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Usinas Siderúrgicas de Minas Gerais's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Usinas Siderúrgicas de Minas Gerais's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.