GFL Environmental Inc. (TSE:GFL) Raises Dividend to $0.02 Per Share

GFL Environmental Inc. (TSE:GFL) announced a quarterly dividend on Monday, April 14th, TickerTech Dividends reports. Investors of record on Wednesday, April 30th will be paid a dividend of 0.0154 per share on Wednesday, April 30th. This represents a $0.06 annualized dividend and a yield of 0.09%. The ex-dividend date of this dividend is Monday, April 14th. This is a 10.0% increase from GFL Environmental’s previous quarterly dividend of $0.01.

GFL Environmental Stock Performance

Shares of GFL opened at C$67.02 on Friday. The firm’s fifty day simple moving average is C$66.37 and its two-hundred day simple moving average is C$62.98. GFL Environmental has a 12 month low of C$41.90 and a 12 month high of C$70.38. The stock has a market capitalization of C$25.86 billion, a P/E ratio of -43.98, a price-to-earnings-growth ratio of -0.76 and a beta of 1.03. The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 147.75.

Analysts Set New Price Targets

Separately, Citigroup raised shares of GFL Environmental to a “strong-buy” rating in a research report on Monday, January 27th.

About GFL Environmental

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.