Glencore plc (OTCMKTS:GLNCY) Plans $0.09 Dividend

Glencore plc (OTCMKTS:GLNCY) 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”.

Glencore Company Profile

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.