Superior Industries International Inc. Announces Quarterly Dividend of $0.18 (SUP)
Superior Industries International (NYSE:SUP) announced a quarterly dividend on Wednesday, September 3rd, Analyst RN reports. Investors of record on Friday, October 3rd will be paid a dividend of 0.18 per share on Friday, October 17th. This represents a $0.72 annualized dividend and a dividend yield of 3.62%.
On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Superior Industries International in a research note on Monday, August 4th. They now have a $20.00 price target on the stock.
Superior Industries International (NYSE:SUP) traded down 0.55% on Wednesday, hitting $19.77. The stock had a trading volume of 76,315 shares. Superior Industries International has a one year low of $16.89 and a one year high of $21.77. The stock has a 50-day moving average of $19.52 and a 200-day moving average of $19.88. The company has a market cap of $528.2 million and a P/E ratio of 25.49.
Superior Industries International (NYSE:SUP) last announced its earnings results on Thursday, July 31st. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.23 by $0.05. The company had revenue of $199.00 million for the quarter, compared to the consensus estimate of $193.00 million. During the same quarter last year, the company posted $0.23 earnings per share. Superior Industries International’s revenue was up 4.7% compared to the same quarter last year. On average, analysts predict that Superior Industries International will post $0.75 earnings per share for the current fiscal year.
Superior Industries International, Inc is engaged in the designing and manufacturing of aluminum road wheels for sale to original equipment manufacturers (NYSE:SUP).
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