Looking at the universe of stocks we cover at Dividend Channel , on 6/7/18, Ferroglobe PLC (Symbol: GSM) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 6/29/18. As a percentage of GSM's recent stock price of $10.37, this dividend works out to approximately 0.58%, so look for shares of Ferroglobe PLC to trade 0.58% lower - all else being equal - when GSM shares open for trading on 6/7/18.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GSM is likely to continue, and whether the current estimated yield of 2.31% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GSM shares, versus its 200 day moving average:
Looking at the chart above, GSM's low point in its 52 week range is $10 per share, with $17.61 as the 52 week high point - that compares with a last trade of $10.41.
In Tuesday trading, Ferroglobe PLC shares are currently up about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.