Ferroglobe PLC (GSM) To Go Ex-Dividend on September 22nd

Ferroglobe PLC (NASDAQ:GSM) announced a quarterly dividend on Tuesday, August 4th. Shareholders of record on Tuesday, September 22nd will be paid a dividend of 0.015 per share by the basic materials company on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Tuesday, September 22nd.

Ferroglobe has a dividend payout ratio of 10.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ferroglobe to earn $0.41 per share next year, which means the company should continue to be able to cover its $0.06 annual dividend with an expected future payout ratio of 14.6%.

Ferroglobe Stock Performance

Shares of GSM opened at $4.18 on Friday. The company has a market cap of $780.11 million, a PE ratio of -19.00 and a beta of 1.00. The firm has a 50-day moving average of $3.96 and a 200-day moving average of $4.07. Ferroglobe has a one year low of $3.08 and a one year high of $5.74. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 0.74.

Ferroglobe Company Profile

Ferroglobe PLC (NASDAQ:GSM) is a global producer of silicon and specialty metals used in the manufacturing, automotive, chemical, construction, energy and technology industries. The company produces silicon metal, ferrosilicon, manganese alloys and other silicon-based alloys that help improve the strength, performance and durability of steel and aluminum products.

Its product portfolio also includes calcium silicon, inoculants and other specialty alloy products, as well as quartz and related raw materials used in silicon and alloy production.