{
  "app": "dividend_compounders",
  "ticker": {
    "uuid": "9e2b6c1f-acb1-494a-b202-7c62e3cc5f50",
    "symbol": "GGB",
    "name": "Gerdau SA ADR",
    "exchange": "NYSE",
    "country_code": "US",
    "country_name": "United States",
    "sector": "Basic Materials",
    "industry": "Steel",
    "chart_url": "https://sharemaestro.com/terminal/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
  },
  "snapshot": {
    "ticker": {
      "uuid": "9e2b6c1f-acb1-494a-b202-7c62e3cc5f50",
      "symbol": "GGB",
      "name": "Gerdau SA ADR",
      "exchange": "NYSE",
      "country_code": "US",
      "country_name": "United States",
      "sector": "Basic Materials",
      "industry": "Steel",
      "chart_url": "https://sharemaestro.com/terminal/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    "as_of_date": "2026-06-12",
    "provider_symbol": "GGB",
    "market_cap": 9346592768.0,
    "market_cap_usd": 9030057175.62,
    "price": 4.75,
    "currency": "USD",
    "dividend_yield": 0.031,
    "dividend_years": 27,
    "dividend_growth_5y": 0.04384941,
    "dividend_cut_5y": true,
    "payout_ratio": 0.742,
    "net_income": 1387020000.0,
    "free_cash_flow": 1134613000.0,
    "fcf_covers_dividend": false,
    "debt_to_equity": 0.29024,
    "revenue_growth_5y": 0.09779184,
    "net_margin": 0.02369,
    "roe": 0.03066,
    "pe_ratio": 29.6875,
    "price_vs_ma": 0.18511724,
    "return_3y": 0.21680692,
    "return_5y": 0.40622358,
    "max_drawdown": -0.46026613,
    "scores": {
      "dividend_reliability": 18.0,
      "dividend_sustainability": 11.0,
      "business_quality": 18.0,
      "valuation": 13.0,
      "trend": 13.5,
      "total": 73.5,
      "confidence": 100.0
    },
    "rating": "acceptable",
    "rating_label": "Acceptable, Needs Review",
    "decision": "reject",
    "decision_label": "Reject",
    "warnings": [
      "Price currency USD differs from financial currency BRL.",
      "Dividend cut or material annual decrease detected in the last five completed years.",
      "Free cash flow does not cover dividends paid."
    ],
    "urls": {
      "page": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/",
      "chart": "https://sharemaestro.com/terminal/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    }
  },
  "score_breakdown": {
    "dividend_reliability": 18.0,
    "dividend_sustainability": 11.0,
    "business_quality": 18.0,
    "valuation": 13.0,
    "trend": 13.5,
    "total": 73.5,
    "confidence": 100.0
  },
  "warnings": [
    "Price currency USD differs from financial currency BRL.",
    "Dividend cut or material annual decrease detected in the last five completed years.",
    "Free cash flow does not cover dividends paid."
  ],
  "diary": [
    {
      "event_date": "2026-06-12",
      "event_type": "warning",
      "severity": "warning",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend review warning",
      "detail": "Free cash flow does not cover dividends paid.",
      "amount": null,
      "currency": "",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2026-05-15",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "Dividend increased 89.5%",
      "detail": "Payment changed from 0.019 to 0.036.",
      "amount": 0.036,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2026-05-15",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.036 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.036,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2026-03-12",
      "event_type": "decrease",
      "severity": "negative",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "Dividend decreased -13.6%",
      "detail": "Payment changed from 0.022 to 0.019.",
      "amount": 0.019,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2026-03-12",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.019 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.019,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2025-08-13",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.022 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.022,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2025-05-12",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "Dividend increased 23.5%",
      "detail": "Payment changed from 0.017 to 0.021.",
      "amount": 0.021,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2025-05-12",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.021 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.021,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2025-03-07",
      "event_type": "cut",
      "severity": "negative",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "Dividend cut -65.3%",
      "detail": "Payment changed from 0.049 to 0.017.",
      "amount": 0.017,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2025-03-07",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.017 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.017,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2024-11-21",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "Dividend increased 122.7%",
      "detail": "Payment changed from 0.022 to 0.049.",
      "amount": 0.049,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2024-11-21",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.049 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.049,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2024-08-13",
      "event_type": "cut",
      "severity": "negative",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "Dividend cut -59.3%",
      "detail": "Payment changed from 0.054 to 0.022.",
      "amount": 0.022,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2024-08-13",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.022 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.022,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2024-05-17",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.054 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.054,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2024-03-04",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.01667 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.016667,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2023-11-20",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.08 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.08,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2023-08-21",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.07333 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.073333,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    },
    {
      "event_date": "2023-05-16",
      "event_type": "payment",
      "severity": "info",
      "ticker": "GGB",
      "exchange": "NYSE",
      "headline": "GGB dividend payment 0.08417 USD",
      "detail": "Recorded dividend payment for Gerdau SA ADR.",
      "amount": 0.084167,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"
    }
  ]
}