Glencore plc (GLNCY) To Go Ex-Dividend on August 30th

Glencore plc (OTCMKTS:GLNCY) declared a dividend on Wednesday, July 31st, NASDAQ reports. Shareholders of record on Friday, August 30th will be given a dividend of 0.1105 per share by the energy company on Friday, September 27th. The ex-dividend date of this dividend is Friday, August 30th.

Glencore Stock Performance

OTCMKTS GLNCY opened at $10.80 on Wednesday. The company has a current ratio of 1.29, a quick ratio of 0.66 and a debt-to-equity ratio of 0.60. Glencore has a 52 week low of $9.26 and a 52 week high of $12.74. The firm has a 50 day moving average of $11.18 and a two-hundred day moving average of $11.19.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on GLNCY shares. Royal Bank of Canada upgraded shares of Glencore to a “moderate buy” rating in a report on Thursday, August 8th. The Goldman Sachs Group upgraded shares of Glencore to a “strong-buy” rating in a report on Thursday, August 8th. Finally, Citigroup upgraded shares of Glencore to a “strong-buy” rating in a report on Thursday, August 8th.

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.