Greif, Inc. (NYSE:GEF.B) Plans $0.66 Quarterly Dividend
June 12th, 2019
By Doug Wharley - Comments Off on Greif, Inc. (NYSE:GEF.B) Plans $0.66 Quarterly Dividend
Greif, Inc. (NYSE:GEF.B) declared a quarterly dividend on Tuesday, June 4th, NASDAQ reports. Investors of record on Tuesday, June 18th will be paid a dividend of 0.66 per share by the industrial products company on Monday, July 1st. This represents a $2.64 dividend on an annualized basis and a yield of 6.19%. The ex-dividend date of this dividend is Monday, June 17th.
NYSE GEF.B traded down $0.80 during mid-day trading on Wednesday, reaching $42.63. The stock had a trading volume of 25 shares, compared to its average volume of 11,119. Greif has a 1 year low of $36.70 and a 1 year high of $63.80. The firm has a market cap of $2.05 billion, a P/E ratio of 9.98 and a beta of 1.15. The company has a quick ratio of 1.15, a current ratio of 1.67 and a debt-to-equity ratio of 2.50.
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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.
Further Reading: Quiet Period
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