The Online Investor

Cash Dividend On The Way From Olympic Steel (ZEUS)

By The Online Investor Staff, Monday, November 28, 11:05 AM ET

On 11/30/22, Olympic Steel Inc. (NASDAQ:ZEUS) will trade ex-dividend, for its quarterly dividend of $0.09, payable on 12/15/22. As a percentage of ZEUS's recent stock price of $36.93, this dividend works out to approximately 0.24%.

Below is a dividend history chart for ZEUS, showing historical dividends prior to the most recent $0.09 declared by Olympic Steel Inc.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ZEUS is likely to continue, and whether the current estimated yield of 0.97% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZEUS shares, versus its 200 day moving average:

Olympic Steel Inc. 200 Day Moving Average Chart

Looking at the chart above, ZEUS's low point in its 52 week range is $19.92 per share, with $43.18 as the 52 week high point — that compares with a last trade of $36.70.


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In Monday trading, Olympic Steel Inc. shares are currently up about 1.4% on the day.


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