Biffa PLC (BIFF) to Issue Dividend of GBX 2.47 on December 20th
Biffa PLC (LON:BIFF) announced a dividend on Wednesday, November 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 28th will be given a dividend of GBX 2.47 ($0.03) per share on Friday, December 20th. This represents a yield of 0.95%. The ex-dividend date is Thursday, November 28th. The official announcement can be viewed at this link.
LON BIFF opened at GBX 264.50 ($3.46) on Friday. The company has a market capitalization of $661.25 million and a price-to-earnings ratio of 36.74. The company has a debt-to-equity ratio of 116.38, a quick ratio of 0.89 and a current ratio of 0.98. The stock has a 50-day moving average of GBX 248.98 and a 200 day moving average of GBX 226.55. Biffa has a one year low of GBX 171.80 ($2.24) and a one year high of GBX 260.50 ($3.40).
BIFF has been the subject of a number of research analyst reports. Peel Hunt downgraded Biffa to an “add” rating and upped their price objective for the stock from GBX 240 ($3.14) to GBX 260 ($3.40) in a report on Wednesday. JPMorgan Chase & Co. restated an “overweight” rating on shares of Biffa in a report on Friday, September 20th. Finally, Peel Hunt dropped their price objective on Biffa from GBX 252 ($3.29) to GBX 240 ($3.14) and set a “buy” rating for the company in a report on Wednesday, September 11th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Biffa currently has an average rating of “Buy” and a consensus target price of GBX 274 ($3.58).
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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