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).

BIFF has been the topic of several research analyst reports. Numis Securities reissued a “buy” rating on shares of Biffa in a research note on Thursday, May 30th. JPMorgan Chase & Co. boosted their price target on Biffa from GBX 290 ($3.79) to GBX 300 ($3.92) and gave the company an “overweight” rating in a report on Wednesday, March 13th. Peel Hunt upped their price objective on Biffa from GBX 246 ($3.21) to GBX 252 ($3.29) and gave the stock a “buy” rating in a report on Tuesday, March 12th. Finally, HSBC upped their price objective on Biffa from GBX 275 ($3.59) to GBX 285 ($3.72) and gave the stock a “buy” rating in a report on Thursday, March 14th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 269.80 ($3.53).

About Biffa

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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Dividend History for Biffa (LON:BIFF)

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