Olympic Steel (Zeus) Posts Q3 Loss of 11c; Revs Beat; Declares $0.02 Quarterly Dividend; 0.33% Yield

Olympic Steel (Nasdaq: ZEUS) reports Q3 loss of $0.11, which may not compare to the analyst estimate of $0.19. Revenue for the quarter was $209.2 million, which compares to the estimate of $200.64 million. The company's Board of Directors approved a regular quarterly cash dividend of $0.02 per share, $0.08 annualized The dividend is to be paid to shareholders of record as of December 1, 2010, and distributed on December 15, 2010. The ex-dividend date is November 29, 2010. The yield is 0.33%... Read more

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