Biffa PLC (LON:BIFF) Announces Dividend Increase – GBX 4.90 Per Share
Biffa PLC (LON:BIFF) announced a dividend on Wednesday, June 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 27th will be given a dividend of GBX 4.90 ($0.06) per share on Friday, July 19th. This represents a yield of 2.17%. The ex-dividend date of this dividend is Thursday, June 27th. This is an increase from Biffa’s previous dividend of $2.30. The official announcement can be viewed at this link.
LON:BIFF opened at GBX 210.50 ($2.75) on Wednesday. The business has a 50 day moving average price of GBX 229.97. The company has a market cap of $526.25 million and a P/E ratio of 29.24. The company has a current ratio of 0.98, a quick ratio of 0.89 and a debt-to-equity ratio of 116.38. Biffa has a 1 year low of GBX 171.80 ($2.24) and a 1 year high of GBX 268 ($3.50).
In related news, insider Michael Topham sold 131,844 shares of the company’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of GBX 223 ($2.91), for a total transaction of £294,012.12 ($384,178.91).
Biffa plc provides waste management services in the United Kingdom. It operates through four divisions: Industrial & Commercial, Municipal, Resource Recovery & Treatment, and Energy. The company is involved in the collection, treatment, processing, and disposal of industrial and commercial waste and recyclable materials; production and sale of energy from waste; and sale of recovered commodities, such as paper, glass, metals, and plastic.
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