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Glencore plc (LON:GLEN) Declares $0.05 Dividend

Glencore logo with Basic Materials background

Key Points

  • Glencore plc has declared a dividend of $0.05 per share, payable to stockholders of record on August 28th, with an ex-dividend date of the same day.
  • The announced dividend represents a significant yield of 121.0%, indicating strong returns for investors.
  • As of the latest report, Glencore's stock has a market capitalization of £44.77 billion, with a twelve month stock price range between GBX 205 and GBX 438.80.
  • Want stock alerts on Glencore? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Glencore plc (LON:GLEN - Get Free Report) announced a dividend on Wednesday, February 19th, DividendData.Co.Uk reports. Stockholders of record on Thursday, August 28th will be given a dividend of $0.05 per share by the natural resources company on Friday, September 19th. This represents a dividend yield of 121.0%. The ex-dividend date of this dividend is Thursday, August 28th. The official announcement can be viewed at this link.

Glencore Price Performance

GLEN stock opened at GBX 293.50 on Tuesday. The company has a market capitalization of £44.77 billion, a P/E ratio of -82.20, a PEG ratio of 0.43 and a beta of 1.21. Glencore has a twelve month low of GBX 205 and a twelve month high of GBX 438.80. The business has a 50 day simple moving average of GBX 298.90 and a 200-day simple moving average of GBX 290.95. The company has a current ratio of 1.30, a quick ratio of 0.32 and a debt-to-equity ratio of 77.14.

About Glencore

(Get Free Report)

Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

See Also

Dividend History for Glencore (LON:GLEN)

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