Biffa plc provides waste management services in the United Kingdom. The company operates in two segments, Collections and Resources & Energy. It is involved in the collection, recycling, treatment, processing, and disposal of waste, and production of energy. The company offers general waste collection, dry mixed recycling, food waste collection, single stream recycling, hazardous waste collection and treatment, unplanned waste removal, skip hire, asbestos waste disposal, and bin cleaning services for businesses in sectors, including the construction, facilities management, hospitality and events, logistics waste solutions, manufacturing and production, public, retail waste management, and utilities. It also provides household waste service, such as recycling collections, refuse collection, street cleansing, food collection, bulk haulage, waste transfer station, and household waste recycling center services; waste electrical and electronic equipment, and textile collections; domestic tanker cleaning services; and environmental consultancy services and producer responsibility compliance schemes. The company operates 2,900 collection vehicles. Biffa plc was founded in 1912 and is headquartered in High Wycombe, the United Kingdom.
Biffa Stock Performance
Shares of Biffa stock traded down GBX 2 ($0.02) during trading hours on Wednesday, hitting GBX 401.80 ($4.86). 167,762 shares of the company's stock traded hands, compared to its average volume of 895,971. Biffa has a 12-month low of GBX 278.45 ($3.36) and a 12-month high of GBX 423.40 ($5.12). The stock has a market capitalization of £1.23 billion and a price-to-earnings ratio of -50.30. The company has a fifty day simple moving average of GBX 384.44 and a 200-day simple moving average of GBX 347.22. The company has a debt-to-equity ratio of 133.38, a current ratio of 0.84 and a quick ratio of 0.75.
Biffa Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, October 10th. Stockholders of record on Thursday, August 25th will be given a dividend of GBX 4.69 ($0.06) per share. The ex-dividend date of this dividend is Thursday, August 25th. This is a positive change from Biffa's previous dividend of $2.20. This represents a dividend yield of 1.18%. Biffa's dividend payout ratio (DPR) is currently -0.28%.