ArcelorMittal (NYSE: MT) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $12.93 as of 9:36 a.m. ET, the dividend yield is 5.3%. The average volume for ArcelorMittal has been 7.5 million shares per day over the past 30 days. ArcelorMittal has a market cap of $20.0 billion and is part of the metals & mining industry. Shares are down 27% year to date as of the close of trading on Wednesday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. TheStreet Ratings rates ArcelorMittal as a hold. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full ArcelorMittal Ratings Report now.
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