GFL Environmental Inc. (GFL) to Distribute Quarterly Dividend of $0.02 on October 30th

GFL Environmental Inc. (TSE:GFL) declared a quarterly dividend on Wednesday, October 14th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.0169 per share on Friday, October 30th. This represents a $0.07 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th.

GFL Environmental Price Performance

Shares of GFL Environmental stock opened at C$61.06 on Monday. The company has a quick ratio of 0.57, a current ratio of 0.75 and a debt-to-equity ratio of 137.83. The company has a 50 day moving average of C$58.62 and a 200 day moving average of C$55.26. The company has a market capitalization of C$26.62 billion, a P/E ratio of -124.61, a P/E/G ratio of -0.76 and a beta of 0.00. GFL Environmental has a 52-week low of C$46.12 and a 52-week high of C$65.74.

GFL Environmental (TSE:GFL) last posted its earnings results on Wednesday, July 29th. The company reported C$0.19 EPS for the quarter. GFL Environmental had a negative return on equity of 3.32% and a negative net margin of 3.26%. The firm had revenue of C$1.95 billion for the quarter. As a group, research analysts forecast that GFL Environmental will post 1.69 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Barclays upgraded shares of GFL Environmental to a “strong-buy” rating in a research note on Wednesday, September 2nd. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Strong Buy”.

GFL Environmental Company Profile

GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 18 U.S. states. GFL has a workforce of more than 15,000 employees across its organization.