Glencore plc (OTCMKTS:GLCNF – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.05 and traded as high as $4.57. Glencore shares last traded at $4.57, with a volume of 1,120 shares changing hands.
Glencore Stock Performance
The business’s fifty day moving average price is $4.42 and its two-hundred day moving average price is $4.05.
Glencore Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, August 29th were issued a dividend of $0.05 per share. The ex-dividend date was Thursday, August 28th. This represents a dividend yield of 246.0%. Glencore’s dividend payout ratio (DPR) is currently 58.52%.
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.
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