Galp Energia, SGPS, S.A. (OTCMKTS:GLPEY - Get Free Report) announced a dividend on Saturday, May 31st, investing.com reports. Shareholders of record on Tuesday, June 3rd will be paid a dividend of 0.0978 per share by the energy company on Friday, June 13th. This represents a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, June 2nd.
Galp Energia, SGPS Trading Up 2.7%
Shares of Galp Energia, SGPS stock traded up $0.22 on Monday, hitting $8.35. 65,632 shares of the company's stock traded hands, compared to its average volume of 75,904. The firm's 50-day moving average price is $7.80 and its two-hundred day moving average price is $8.17. The stock has a market capitalization of $11.61 billion, a PE ratio of 8.88 and a beta of 0.28. Galp Energia, SGPS has a one year low of $6.76 and a one year high of $11.05. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.64 and a quick ratio of 1.40.
Galp Energia, SGPS (OTCMKTS:GLPEY - Get Free Report) last issued its earnings results on Monday, April 28th. The energy company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.15 by $0.10. The company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.32 billion. Galp Energia, SGPS had a net margin of 6.17% and a return on equity of 24.38%. On average, research analysts expect that Galp Energia, SGPS will post 0.75 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, Cfra Research upgraded shares of Galp Energia, SGPS to a "moderate sell" rating in a research report on Tuesday, April 15th.
View Our Latest Analysis on GLPEY
About Galp Energia, SGPS
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Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola.
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