Noranda Aluminum Holding Corp. (NOR) Plans Quarterly Dividend of $0.01
Noranda Aluminum Holding Corp. (NYSE:NOR) declared a quarterly dividend on Monday, August 11th, Stock Ratings Network.com reports. Stockholders of record on Monday, August 25th will be given a dividend of 0.01 per share on Wednesday, September 17th. This represents a $0.04 dividend on an annualized basis and a yield of 0.90%.
On the ratings front, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Noranda Aluminum Holding Corp. in a research note on Monday, July 14th. They now have a $4.50 price target on the stock, up previously from $4.20. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. Noranda Aluminum Holding Corp. presently has an average rating of “Hold” and an average target price of $3.50.
Shares of Noranda Aluminum Holding Corp. (NYSE:NOR) traded down 0.67% on Monday, hitting $4.42. The stock had a trading volume of 552,834 shares. Noranda Aluminum Holding Corp. has a 52 week low of $2.21 and a 52 week high of $5.08. The stock has a 50-day moving average of $4.08 and a 200-day moving average of $3.82. The company’s market cap is $303.1 million.
Noranda Aluminum Holding Corp. (NYSE:NOR) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.02. The company had revenue of $345.00 million for the quarter, compared to the consensus estimate of $341.57 million. On average, analysts predict that Noranda Aluminum Holding Corp. will post $-0.46 earnings per share for the current fiscal year.
Noranda Aluminum Holding Corporation (NYSE:NOR) is a North American integrated producer of aluminum products and rolled aluminum coils.
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