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AK Steel Declares a 5 Cent Dividend

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Joined: Apr 29 2008
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    Posted: Jul 22 2009 at 3:35pm
AK Steel (NYSE:AKS) has declared a quarterly cash dividend of $0.05 per share of common stock, payable on September 10, 2009 to shareholders of record on August 14, 2009. That's about a 1% Yield.
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Middletown News View Drop Down
Prominent MUSA Citizen
Prominent MUSA Citizen


Joined: Apr 29 2008
Location: United States
Status: Offline
Points: 1100
Post Options Post Options   Thanks (0) Thanks(0)   Quote Middletown News Quote  Post ReplyReply Direct Link To This Post Posted: Jul 22 2009 at 3:39pm
AK Steel said Tuesday that it lost $47.2 million, or 43 cents a share, in the second quarter, compared to a profit of $145.2 million, or $1.29 a share, in the year-earlier period. Analysts polled by FactSet Research estimated, on average, a loss of 51 cents a share. Net sales fell to $794 million from $2.24 billion. For the third quarter, the West Chester, Ohio-based specialty steel maker expects to roughly break even in operating profit.
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