Ferroglobe PLC(NASDAQ:GSM) Declares Dividend of $0.0800.

Ferroglobe PLC (NASDAQ:GSM) had declared a cash dividend of $0.0800 on Aug 3, 2016. The shares will quote ex-dividend on Sep 12, 2016 and the record date has been fixed for Sep 14, 2016. On Aug 3, 2016 share price, the yield comes out to be 3.5088%. The dividend payable date has been fixed on Sep 28, 2016.

In a different note, On Jun 13, 2016, Jefferies said it Upgrades its rating on Ferroglobe PLC. The shares have been rated ‘Buy’ by the firm.

Ferroglobe PLC (GSM) shares turned negative on Fridays trading session with the shares closing down -0.17 points or -1.80% at a volume of 4,74,668. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $9.625. The peak price level was also seen at $9.625 while the days lowest was $9.27. Finally the shares closed at $9.3. The 52-week high of the shares is $11.94 while the 52-week low is $6.9. According to the latest information available, the market cap of the company is $1,598 M.

Ferroglobe PLC(GSM) last announced its earnings results on Nov 5, 2015 for Fiscal Year 2016 and Q1.Company reported revenue of $174.76M. Analysts had an estimated revenue of $195.76M. Earnings per share were $0.11. Analysts had estimated an EPS of $0.13.

Ferroglobe PLC formerly VeloNewco Ltd is a United Kingdom-based company. The Company is engaged in the production of silicon metals and alloys.

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