U.S. Steel (X) Lowers Quarterly Dividend 80% to $0.01; 0.4% Yield
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United States Steel Corporation Declares Dividend
January 30, 2020 4:50 PM ESTPITTSBURGH, Jan. 30, 2020 (GLOBE NEWSWIRE) -- United States Steel Corporation (NYSE: X) announced today that its Board of Directors declared a dividend of $0.01 per share on U. S. Steel Common Stock. The dividend is payable March 10, 2020 to stockholders of record at the close of business February 10,... More
United States Steel Corporation Reports Fourth Quarter and Full-Year 2019 Results
January 30, 2020 4:48 PM ESTFull-year 2019 net loss of $642 million, or $3.75 per diluted share; fourth quarter 2019 net loss of $680 million, or $4.00 per diluted share. Includes $609 million and $567 million of restructuring charges and tax valuation allowance for full year and fourth quarter 2019, respectively.Full-year 2019 adjusted net earnings of $15 million, or $0.09 per diluted share; fourth quarter 2019 adjusted net loss of $109 million, or $0.64 per diluted share.Full-year 2019 adjusted EBITDA of $711 million; fourth quarter 2019 adjusted EBITDA of $4 million.Transition to our world-competitive, "best of both" business model supported by significant actions taken in 2019: achieved $75 million... More
