Olympic Steel Reports Sharply Improved First-Quarter Results

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Olympic Steel (ZEUS) Declares $0.02 Quarterly Dividend; 0.4% Yield

April 28, 2017 6:32 AM EDT

Olympic Steel (NASDAQ: ZEUS) declared a quarterly dividend of $0.02 per share, or $0.08 annualized.

The dividend will be payable on June 15, 2017, to stockholders of record on June 1, 2017, with an ex-dividend date of May 30, 2017.

The annual yield on the dividend is 0.4 percent.

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Olympic Steel (ZEUS) Tops Q1 EPS by 28c

April 28, 2017 6:31 AM EDT

Olympic Steel (NASDAQ: ZEUS) reported Q1 EPS of $0.68, $0.28 better than the analyst estimate of $0.40. Revenue for the quarter came in at $334.9 million versus the consensus estimate of $303.91 million.

In addition to the strong financial performance from our carbon flat rolled segment, sales... More