Glencore plc (OTCMKTS:GLNCY - Get Free Report) declared a dividend on Tuesday, April 29th, investing.com reports. Investors of record on Monday, May 5th will be given a dividend of 0.085 per share by the energy company on Wednesday, June 18th. This represents a yield of 2.75%. The ex-dividend date is Friday, May 2nd.
Glencore Trading Down 0.3 %
Shares of OTCMKTS:GLNCY opened at $7.11 on Tuesday. Glencore has a 12-month low of $5.74 and a 12-month high of $12.74. The business has a 50 day moving average of $7.41 and a 200-day moving average of $8.73. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.67 and a current ratio of 1.30.
Analysts Set New Price Targets
Separately, Berenberg Bank upgraded Glencore to a "strong-buy" rating in a report on Tuesday, March 11th. Six investment analysts have rated the stock with a strong buy rating, According to MarketBeat.com, the company presently has an average rating of "Strong Buy".
Get Our Latest Stock Report on Glencore
Glencore Company Profile
(
Get Free Report)
Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Glencore, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Glencore wasn't on the list.
While Glencore currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
