Ferroglobe PLC (NASDAQ:GSM) Declares $0.02 Quarterly Dividend

Key Points

• Ferroglobe declared a quarterly dividend of $0.015 per share (annualized $0.06), with an ex‑dividend/record date of June 22 and a payable date of June 29, implying a ~1.3% yield.
• The dividend appears well covered: Ferroglobe has a current payout ratio of about 10% and analysts forecast $0.69 EPS next year (implying a future payout ratio around 8.7%), despite a (-$0.07) EPS in the most recent quarter.
• Shares trade near $4.80 with a market cap of roughly $895M, a negative trailing P/E (-5.21), a 1‑year range of $3.04–$5.74, and modest leverage (debt/equity 0.24), underscoring ongoing profitability challenges.

Ferroglobe PLC (NASDAQ:GSM - Get Free Report) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Monday, June 22nd will be given a dividend of 0.015 per share by the basic materials company on Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, June 22nd.

Ferroglobe has a payout ratio of 10.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Ferroglobe to earn $0.69 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 8.7%.

Ferroglobe Price Performance

GSM stock traded up $0.02 during midday trading on Wednesday, reaching $4.80. The company had a trading volume of 1,541,979 shares, compared to its average volume of 1,220,714. The company has a market capitalization of $894.89 million, a price-to-earnings ratio of -5.21 and a beta of 1.03. The stock has a 50 day moving average price of $4.48 and a 200-day moving average price of $4.63. Ferroglobe has a 1-year low of $3.04 and a 1-year high of $5.74. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.66 and a quick ratio of 0.97.

Ferroglobe (NASDAQ:GSM - Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The basic materials company reported ($0.07) EPS for the quarter. The company had revenue of $347.75 million during the quarter. Ferroglobe had a negative net margin of 12.78% and a negative return on equity of 8.65%. Equities research analysts expect that Ferroglobe will post 0.13 earnings per share for the current year.

About Ferroglobe

Ferroglobe PLC is a leading producer of specialty metals and alloys, serving a diverse range of industrial customers worldwide. The company's core operations focus on the manufacture of silicon metal, silicon-based alloys, manganese-based alloys and rare earth alloys, which are essential inputs for the aluminum, steel, chemical and electronics industries. Ferroglobe's product portfolio includes high-purity silicon, ferrosilicon, silicon manganese, manganese alloys and various recarburizers used to enhance metal strength, durability and conductivity.

With production facilities located across North America, Europe, South America and Africa, Ferroglobe maintains a global footprint that allows it to supply customers on multiple continents.

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