Gerdau S.A. (NYSE:GGB – Get Free Report) declared a quarterly dividend on Wednesday, August 5th. Gerdau has a payout ratio of 28.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect that Gerdau will post 0.53 EPS for the current year. UBS Group restated a “buy” rating and issued a $5.25 target price (up from $4.60) on shares of Gerdau in a research report on Wednesday, April 29th. Weiss Ratings upgraded Gerdau from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday.