Shares of Glencore plc (OTCMKTS:GLCNF – Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.50 and traded as high as $5.89. Glencore shares last traded at $5.84, with a volume of 327,361 shares trading hands.
Glencore Trading Up 0.3 %
The firm has a fifty day moving average of $5.55 and a 200 day moving average of $5.50.
Glencore Cuts Dividend
The company also recently declared a dividend, which will be paid on Wednesday, June 5th. Investors of record on Friday, May 3rd will be paid a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. Glencore’s dividend payout ratio (DPR) is 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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