EVRAZ plc (EVR) Announces Dividend of $0.40

Date: Aug 31, 2018

EVRAZ plc (LON:EVR) declared a dividend on Thursday, August 9th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 16th will be paid a dividend of $0.40 per share on Thursday, September 6th. This represents a dividend yield of 5.55%. The ex-dividend date of this dividend is Thursday, August 16th. This is a boost from EVRAZ’s previous dividend of $0.13. The official announcement can be seen at this link.

LON EVR opened at GBX 516.40 ($6.66) on Thursday. EVRAZ has a 12 month low of GBX 169.80 ($2.19) and a 12 month high of GBX 462.60 ($5.97).

A number of research analysts have issued reports on the company. Morgan Stanley upgraded EVRAZ to an “equal weight” rating and upped their price objective for the company from GBX 100 ($1.29) to GBX 510 ($6.58) in a research note on Friday, June 29th. Credit Suisse Group downgraded EVRAZ to an “underperform” rating in a research note on Monday, May 21st. Finally, VTB Bank downgraded EVRAZ to a “sell” rating in a research note on Friday, August 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. EVRAZ presently has a consensus rating of “Hold” and an average price target of GBX 455 ($5.87).

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