Dividend Buzzer: $0.22 dividends are now a reality for Haynes International, Inc. (NASDAQ:HAYN) shareholders. Here’s why.

Dividend Buzzer: $0.22 dividends are now a reality for Haynes International, Inc. (NASDAQ:HAYN) shareholders. Here's why.

Haynes International, Inc. (NASDAQ:HAYN) is expected to pay $0.22 on Dec 15, 2016. The indicated annual dividend is $0.88. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Haynes International, Inc.’s current price of $44.24, the dividend is 0.50%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 18, 2016. The stock decreased 2.73% or $1.24 on November 25, hitting $44.24. Haynes International, Inc. (NASDAQ:HAYN) has risen 19.60% since April 25, 2016 and is uptrending. It has outperformed by 13.59% the S&P500.

Haynes International, Inc. produces nickel- and cobalt alloys in flat product forms, such as sheet, coil and plate forms. The company has a market cap of $537.54 million. The Firm operates through the segment of design, manufacture, marketing and distribution of technologically advanced, high-performance alloys for use in the aerospace, land gas turbine, chemical processing and other industries. It has a 109.06 P/E ratio. The Company’s products consist of high temperature resistant alloy products and corrosion resistant alloy (CRA) products.

Haynes International, Inc. (NASDAQ:HAYN) Ratings Coverage

Out of 3 analysts covering Haynes International (NASDAQ:HAYN), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Haynes International has been the topic of 7 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Haynes International, Inc. (NASDAQ:HAYN) has “Buy” rating given on Tuesday, September 29 by Singular Research. Rosenblatt downgraded the shares of HAYN in a report on Monday, August 29 to “Neutral” rating. Zacks downgraded the stock to “Hold” rating in Friday, August 14 report. The stock has “Neutral” rating given by JP Morgan on Wednesday, November 16. On Wednesday, August 12 the stock rating was downgraded by Zacks to “Hold”.

More recent Haynes International, Inc. (NASDAQ:HAYN) news were published by: Marketwatch.com which released: “Plus the latest data from Realtor.com on 21 home markets across the US” on December 21, 2009. Also Quotes.Wsj.com published the news titled: “News Haynes International Inc.HAYN” on February 12, 2011. Globenewswire.com‘s news article titled: “Haynes International, Inc. Reports Third Quarter Fiscal 2016 Financial Results” with publication date: August 04, 2016 was also an interesting one.

HAYN Company Profile

Haynes International, Inc. (Haynes), incorporated on December 1, 1986, is a producer of nickel- and cobalt alloys in flat product forms, such as sheet, coil and plate forms. The Firm operates through the segment of design, manufacture, marketing and distribution of technologically advanced, high-performance alloys for use in the aerospace, land gas turbine, chemical processing and other industries. The Company’s products consist of high temperature resistant alloy (HTA) products and corrosion resistant alloy (CRA) products. HTA products are used by manufacturers of equipment that is subjected to high temperatures, such as jet engines for the aerospace market, gas turbine engines used for power generation and waste incineration, and industrial heating equipment. CRA products are used in applications that require resistance to corrosive media found in chemical processing, power plant emissions control and hazardous waste treatment. The Firm also produces its products as welded tubulars, and in slab, bar, billet and wire forms.

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