Greif, Inc. (NYSE:GEF.B) Announces $0.81 Quarterly Dividend

Greif, Inc. (NYSE:GEF.B) announced a quarterly dividend on Wednesday, June 4th, Wall Street Journal reports. Shareholders of record on Tuesday, June 17th will be paid a dividend of 0.81 per share by the industrial products company on Tuesday, July 1st. This represents a $3.24 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date of this dividend is Tuesday, June 17th.

Greif Stock Down 2.4%

Shares of GEF.B stock opened at $65.88 on Friday. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 12.92 and a beta of 0.82. Greif has a one year low of $52.37 and a one year high of $77.21. The company’s fifty day moving average price is $59.22 and its 200-day moving average price is $62.51. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.53 and a quick ratio of 1.13.

Greif (NYSE:GEF.B) last announced its quarterly earnings data on Wednesday, June 4th. The industrial products company reported $1.19 EPS for the quarter. The firm had revenue of $1.39 billion for the quarter. Greif had a net margin of 4.81% and a return on equity of 11.84%.

Greif Company Profile

Greif, Inc produces and sells industrial packaging products and services worldwide. It operates through four segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.