Globe Specialty Metals Inc. (NASDAQ:GSM) Updates On Quarterly Dividend


As per Globe Specialty Metals Inc. (NASDAQ:GSM) statement on 2016-08-04, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.08 per share as dividend to stakeholders. The record date is set as 2016-09-14, the payout date as 2016-09-28 and the ex-dividend date is 2016-09-12.

Last fiscal Globe Specialty Metals Inc. (NASDAQ:GSM) disbursed cash dividend of $0.08. A year ago, the payout was $0.08, which indicates a difference of 6.6667%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.08, implying 16.3622% growth.

For the period ended on 2015-12-31, Globe Specialty Metals Inc. (NASDAQ:GSM)’s earnings came at $-0.04 per share compared to EPS of $0.16 a year ago. This quarter the firm can post earnings for quarter ending 2016-06-30 on or around 2016-08-23. For this quarter, the analysts have earnings estimate of $0.04 per share.

The interim price target for Globe Specialty Metals Inc. (NASDAQ:GSM) is set at $13.625. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Globe Specialty Metals Inc. (NASDAQ:GSM) is seen at $17 and the lowest level is established at $11. This broad range highlights a standard deviation of $2.561 in reported estimates.

Shares of the Globe Specialty Metals Inc. (NASDAQ:GSM) traded in the range of $9.27 to $9.62 and closed the last trading session at $9.3 on a volume of ((Volume:238}}.

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