Global Brass and Copper Holdings Inc (BRSS) Announces Quarterly Dividend of $0.04
Global Brass and Copper Holdings (NASDAQ:BRSS) declared a quarterly dividend on Friday, August 15th, American Banking and Market News reports. Investors of record on Tuesday, August 26th will be given a dividend of 0.0375 per share on Tuesday, September 9th. This represents a $0.15 dividend on an annualized basis and a yield of 0.97%.
On the ratings front, analysts at BB&T Corp. initiated coverage on shares of Global Brass and Copper Holdings in a research note on Wednesday, June 4th. They set a “buy” rating and a $20.00 price target on the stock.
Global Brass and Copper Holdings (NASDAQ:BRSS) opened at 15.50 on Friday. Global Brass and Copper Holdings has a 52-week low of $14.31 and a 52-week high of $21.20. The stock’s 50-day moving average is $16.0 and its 200-day moving average is $16.21. The company has a market cap of $330.4 million and a price-to-earnings ratio of 9.48.
Global Brass and Copper Holdings (NASDAQ:BRSS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.56 by $0.07. The company had revenue of $440.50 million for the quarter, compared to the consensus estimate of $444.98 million. On average, analysts predict that Global Brass and Copper Holdings will post $2.03 earnings per share for the current fiscal year.
Global Brass and Copper Holdings, Inc is a converter, fabricator, distributor and processor of specialized copper and brass products in North America.
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