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

GFL Environmental Inc. (TSE:GFL) announced a quarterly dividend on Wednesday, October 14th. Shareholders 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 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th.

GFL Environmental Stock Performance

TSE GFL opened at C$61.06 on Monday. The firm has a market cap 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. The business’s 50-day moving average price is C$58.62 and its 200 day moving average price is C$55.26. The company has a quick ratio of 0.57, a current ratio of 0.75 and a debt-to-equity ratio of 137.83.

GFL Environmental (TSE:GFL) last announced its earnings results on Wednesday, July 29th. The company reported C$0.19 earnings per share for the quarter. GFL Environmental had a negative return on equity of 3.32% and a negative net margin of 3.26%. The company had revenue of C$1.95 billion for the quarter. On average, equities research analysts expect that GFL Environmental will post 1.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

About GFL Environmental

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.