GFL Environmental Inc. to Issue Quarterly Dividend of $0.02 (TSE:GFL)

Key Points

• GFL announced a quarterly dividend of C$0.0169 per share, with an ex-dividend date of April 13 and record/pay date of April 30, implying an annualized yield of about 0.1%.
• Despite a market cap of C$21.5 billion and a low PE (~6), the company reported weak profitability—net margin -22.76% and ROE -21.15%—and carries high leverage (debt-to-equity 114.8).
• GFL is the fourth-largest diversified environmental services firm in North America, operating across Canada and 18 U.S. states with more than 15,000 employees.

GFL Environmental Inc. (TSE:GFL - Get Free Report) announced a quarterly dividend on Monday, April 13th, TickerTech Dividends reports. Investors of record on Thursday, April 30th will be given a dividend of 0.0169 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, April 13th.

GFL Environmental Price Performance

Shares of TSE GFL opened at C$59.62 on Friday. The company has a debt-to-equity ratio of 114.80, a quick ratio of 0.57 and a current ratio of 0.58. The firm has a fifty day moving average of C$58.88 and a 200 day moving average of C$60.75. The firm has a market cap of C$21.52 billion, a PE ratio of 5.97, a PEG ratio of -0.76 and a beta of 0.23. GFL Environmental has a one year low of C$53.52 and a one year high of C$71.82.

GFL Environmental (TSE:GFL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported C$0.36 earnings per share (EPS) for the quarter. GFL Environmental had a negative net margin of 22.76% and a negative return on equity of 21.15%. The business had revenue of C$1.69 billion for the quarter. As a group, research analysts predict that GFL Environmental will post 1.6870788 EPS for the current fiscal year.

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.

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