Ampco-Pittsburgh Corp. Plans Quarterly Dividend of $0.18 (AP)
Ampco-Pittsburgh Corp. (NYSE:AP) announced a quarterly dividend on Friday, June 20th, Analyst Ratings News reports. Stockholders of record on Tuesday, July 15th will be paid a dividend of 0.18 per share on Thursday, July 31st. This represents a $0.72 annualized dividend and a dividend yield of 3.05%.
AP has been the subject of a number of recent research reports. Analysts at TheStreet upgraded shares of Ampco-Pittsburgh Corp. to a “buy” rating in a research note on Monday.
Shares of Ampco-Pittsburgh Corp. (NYSE:AP) traded up 0.30% on Friday, hitting $23.59. The stock had a trading volume of 41,084 shares. Ampco-Pittsburgh Corp. has a 52 week low of $16.24 and a 52 week high of $23.70. The stock’s 50-day moving average is $21.25 and its 200-day moving average is $19.58. The company has a market cap of $245.3 million and a P/E ratio of 19.68.
Ampco-Pittsburgh Corp. (NYSE:AP) last released its earnings data on Wednesday, April 23rd. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $62.91 million for the quarter, compared to the consensus estimate of $69.62 million.
In other Ampco-Pittsburgh Corp. news, Director Paul A. Gould sold 10,000 shares of the stock on the open market in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $23.05, for a total transaction of $230,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Ampco-Pittsburgh Corporation operates in two segments: Forged and Cast Rolls, and Air and Liquid Processing.