Superior Industries cuts dividend by 50 percent
Superior Industries International (SUP) will lower its quarterly dividend to $0.09 per share.
The new dividend is payable on July 19, 2017, to shareholders of record as of July 5, 2017.
Based on the current stock price of $19.25 the new dividend yield is 1.9%. Year-to-date Superior Industries has lost 27% of its market value. The current market cap is $484 million.
Superior Industries International, Inc. designs and manufactures cast aluminum wheels for automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico.
The new dividend is payable on July 19, 2017, to shareholders of record as of July 5, 2017.
Based on the current stock price of $19.25 the new dividend yield is 1.9%. Year-to-date Superior Industries has lost 27% of its market value. The current market cap is $484 million.
Superior Industries International, Inc. designs and manufactures cast aluminum wheels for automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico.
.jpg)
