Dividend Growth of Ferroglobe PLC(GSM)

Ferroglobe PLC(GSM) is having a Dividend Yield of 2.81% with the Annual cash Dividend per share of $0.24. The last quarter cash dividend per share pay out was $0.08. Ferroglobe PLC has a 5 year average dividend yield of 2.06% and the stock has a Indicated annual dividend of $0.32. Ferroglobe PLC(GSM) formally announced its most recent dividend on November 14, 2016 with a Dividend per share of $0.08. The new indicated annual dividend based on announced dividend per share is $0.32. The dividend yield based on the forward looking indicated annual dividend is 2.81%. The 5 year historical dividend growth of Ferroglobe PLC(GSM) is at the rate of 6.26% while the R-Squared dividend growth is 0.21. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Ferroglobe PLC (NASDAQ:GSM) witnessed a decline in the market cap on Thursday as its shares dropped 0.44% or 0.05 points. After the session commenced at $11.38, the stock reached the higher end at $11.6 while it hit a low of $11.1. With the volume soaring to 714,508 shares, the last trade was called at $11.32. The company has a 52-week high of $12.53. The company has a market cap of $1,945 million and there are 171,838,150 shares in outstanding. The 52-week low of the share price is $6.9. Ferroglobe PLC has dropped 2.41% in the last five trading days, however, the shares have posted positive gains of 18.41% in the last 4 weeks. Ferroglobe PLC is up 0.98% in the last 3-month period. Year-to-Date the stock performance stands at 4.52%.

Currently the company Insiders own 13.07% of Ferroglobe PLC shares according to the proxy statements. Institutional Investors own 41.01% of Ferroglobe PLC shares. Ferroglobe PLC Last issued its quarterly earnings results on Nov 5, 2015. The company reported $0.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.12. The company had revenue of $174.76 million for the quarter, compared to analysts expectations of $191.09 million. The companys revenue was down -15.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.19 EPS.

Globe Specialty Metals, Inc., together with its subsidiary companies, is among the worlds largest producers of silicon metal and silicon-based specialty alloys – critical ingredients in a host of industrial and consumer products with growing markets. The Companys customers include major silicone chemical, aluminum and steel manufacturers, producers of photovoltaic solar cells and computer chips, the auto industry, ductile iron foundries and concrete producers. Headquartered in New York City, the company has major manufacturing facilities in the U.S. states of Ohio, West Virginia, Alabama and New York, as well as in the Brazilian state of Para, Mendoza province Argentina and Ningxia province China. Its principal operating subsidiaries are Globe Metallurgical, Inc. and Solsil, Inc. in the U.S.; Globe Metais Industria e Comercio S.A. in Brazil; Globe Metales S.A. in Argentina; and Ningxia Yonvey Coal Industry Co., Ltd., in China.


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