Dividend Runner: United States Steel Corporation (NYSE:X) gearing towards $0.05 dividends on Dec 10, 2016.

Dividend Runner: United States Steel Corporation (NYSE:X) gearing towards $0.05 dividends on Dec 10, 2016.

United States Steel Corporation (NYSE:X) is expected to pay $0.05 on Dec 10, 2016. The indicated annual dividend is $0.20. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on United States Steel Corporation’s current price of $20.22, the dividend is 0.25%. This dividend’s record date is Nov 11, 2016 and the announcement date is Nov 3, 2016. About 1,771 shares traded hands. United States Steel Corporation (NYSE:X) has risen 22.29% since April 5, 2016 and is uptrending. It has outperformed by 20.33% the S&P500.

United States Steel Corporation is an integrated steel producer. It currently has negative earnings. The Firm is engaged in producing flat-rolled and tubular products with production activities in North America and Europe.

United States Steel Corporation (NYSE:X) Ratings Coverage

Out of 19 analysts covering United States Steel Corporation (NYSE:X), 4 rate it a “Buy”, 3 “Sell”, while 12 “Hold”. This means 21% are positive. United States Steel Corporation has been the topic of 41 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The rating was initiated by Citigroup on Monday, August 22 with “Buy”. Northland Capital maintained the shares of X in a report on Wednesday, March 9 with “Neutral” rating. Cowen & Co downgraded the shares of X in a report on Tuesday, February 23 to “Market Perform” rating. The rating was maintained by JP Morgan with “Overweight” on Tuesday, April 5. Nomura maintained the shares of X in a report on Wednesday, March 9 with “Neutral” rating. The stock of United States Steel Corporation (NYSE:X) earned “Hold” rating by BB&T Capital on Thursday, September 10. The stock has “Hold” rating given by Deutsche Bank on Wednesday, July 6. The stock of United States Steel Corporation (NYSE:X) earned “Neutral” rating by Clarksons Platou on Thursday, November 3. The stock of United States Steel Corporation (NYSE:X) has “Buy” rating given on Monday, October 5 by Deutsche Bank. Jefferies maintained United States Steel Corporation (NYSE:X) rating on Wednesday, September 16. Jefferies has “Hold” rating and $15 price target.

More important recent United States Steel Corporation (NYSE:X) news were published by: Schaeffersresearch.com which released: “Earnings Preview: United States Steel Corporation (X)” on October 31, 2016, also Seekingalpha.com published article titled: “U.S. Steel Facing Margin Compression, And Volume Deceleration”, Schaeffersresearch.com published: “United States Steel Corporation (X) Option Bull Takes Aim at $20” on October 20, 2016. More interesting news about United States Steel Corporation (NYSE:X) was released by: 247Wallst.com and their article: “US Steel Shares Tumble on Earnings, Revenue Miss, Weak Outlook” with publication date: November 01, 2016.

X Company Profile

United States Steel Corporation (U. S. Steel), incorporated on May 25, 2001, is an integrated steel producer. The Firm is engaged in producing flat-rolled and tubular products with production activities in North America and Europe. The Firm operates through three divisions: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). U. S. Steel is also engaged in other business activities consisting primarily of railroad services and real estate operations. U. S. Steel owns, develops and manages various real estate assets, which include approximately 50,000 acres of surface rights primarily in Alabama, Illinois, Maryland, Michigan, Minnesota and Pennsylvania. In addition, the Company holds ownership interests in joint ventures that are developing real estate projects in Alabama, Maryland and Illinois.

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