Global Brass & Copper (BRSS) Declares $0.06 Quarterly Dividend; 0.7% Yield

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Global Brass and Copper Holdings, Inc. Reports Third Quarter 2017 Financial Results and Declares Quarterly Dividend

November 2, 2017 4:19 PM EDT

Highlights

Volume of 119.4 million pounds, a decrease of 12.8% year-over-year; Net income and diluted earnings per common share increased $8.5 million to $12.4 million and $0.38 per share to $0.56 per share, respectively; Adjusted EBITDA decreased $4.3 million to $30.3 million year-over-year; Adjusted diluted earnings per common share decreased to $0.64 from $0.81 in the prior year period; The Company reaffirms 2017 full-year guidance; and The Company declares a quarterly dividend of $0.06 per share.

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Today,... More