General Cable Corp. Announces Quarterly Dividend of $0.18 (BGC)
General Cable Corp. (NYSE:BGC) announced a quarterly dividend on Wednesday, October 23rd, Stock Ratings Network reports. Investors of record on Tuesday, November 12th will be paid a dividend of $0.18 per share on Friday, November 29th. This represents a $0.72 annualized dividend and a dividend yield of 2.20%.
Shares of General Cable Corp. (NYSE:BGC) traded down 0.37% on Wednesday, hitting $32.75. The stock had a trading volume of 334,557 shares. General Cable Corp. has a 52-week low of $26.09 and a 52-week high of $37.14. The stock has a 50-day moving average of $31. and a 200-day moving average of $32.82. The company’s market cap is $1.630 billion.
General Cable Corp. (NYSE:BGC) last announced its earnings results on Wednesday, July 31st. The company reported $0.69 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.55 by $0.14. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter last year, the company posted $0.74 earnings per share. General Cable Corp.’s revenue was up 11.4% compared to the same quarter last year. On average, analysts predict that General Cable Corp. will post $2.00 earnings per share for the current fiscal year.
General Cable Corporation is a engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.