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Timken Steel Corporation (TMST) Ex-Dividend Date Scheduled for August 25, 2015

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Aug 25,2015
Timken Steel Corporation (TMST) will begin trading ex-dividend on August 25, 2015. A cash dividend payment of $0.14 per share is scheduled to be paid on September 10, 2015. Shareholders who purchased TMST prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that TMST has paid the same dividend. At the current stock price of $17.12, the dividend yield is 3.27%. The previous trading day's last sale of TMST was $17.12, representing a -66.32% decrease from the 52 week high of $50.83 and a 0.29% increase over the 52 week low of $17.07. TMST is a part of the Basic Industries sector, which includes companies such as Tenaris S.A. (TS) and Nucor Corporation (NUE). TMST's current earnings per share, an indicator of a company's profitability, is $.54. Zacks Investment Research reports TMST's forecasted earnings growth in 2015 as -153.55%, compared to an industry average of -15.3%.
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