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

Greif, Inc. (NYSE:GEF.B - Get Free Report) declared a quarterly dividend on Wednesday, June 4th, Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 4.96%. The ex-dividend date is Tuesday, June 17th.

Greif Stock Performance

GEF.B traded up $6.37 on Thursday, hitting $65.38. 18,752 shares of the company's stock were exchanged, compared to its average volume of 10,849. The firm has a market cap of $3.10 billion, a PE ratio of 12.82 and a beta of 0.78. Greif has a twelve month low of $52.37 and a twelve month high of $77.21. The stock has a fifty day moving average of $57.84 and a two-hundred day moving average of $62.92. The company has a current ratio of 1.53, a quick ratio of 1.13 and a debt-to-equity ratio of 1.26.

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

About Greif

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.