Globe Specialty Metals Inc. ( GSM ) will begin trading ex-dividend on June 06, 2014. A cash dividend payment of $0.075 per share is scheduled to be paid on June 24, 2014. Shareholders who purchased GSM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the same period a year ago. At the current stock price of $19.81, the dividend yield is 1.51%.
The previous trading day's last sale of GSM was $19.81, representing a -9.95% decrease from the 52 week high of $22 and a 87.42% 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 Oilwell Varco, Inc. ( NOV ). GSM's current earnings per share, an indicator of a company's profitability, is $.24. Zacks Investment Research reports GSM's forecasted earnings growth in 2014 as 27.5%, compared to an industry average of 16.8%.
Interested in gaining exposure to GSM through an Exchange Traded Fund [ETF]?
The following ETF(s) have GSM as a top-10 holding:
- PowerShares S&P SmallCap Materials Portfolio ( PSCM ).
The top-performing ETF of this group is PSCM with an increase of 5.58% over the last 100 days. It also has the highest percent weighting of GSM at 3.13%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.