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Globe Specialty Metals Inc. (GSM) Ex-Dividend Date Scheduled for December 05, 2013
By: NASDAQ.com News
Globe Specialty Metals Inc. ( GSM ) will begin trading ex-dividend on December 05, 2013. A cash dividend payment of $0.06875 per share is scheduled to be paid on December 23, 2013. Shareholders who purchased GSM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -45% decrease from the same period a year ago. At the current stock price of $17.55, the dividend yield is 1.57%.
The previous trading day's last sale of GSM was $17.55, representing a -4.46% decrease from the 52 week high of $18.37 and a 66.04% increase over the 52 week low of $10.57.
GSM is a part of the Capital Goods sector, which includes companies such as Precision Castparts Corporation ( PCP ) and National Oilwel Varcol, Inc. ( NOV ). GSM's current earnings per share, an indicator of a company's profitability, is -$.29. Zacks Investment Research reports GSM's forecasted earnings growth in 2014 as 16.25%, compared to an industry average of 1.5%.