Goodfellow (TSE:GDL) Issues Quarterly Earnings Results

Goodfellow (TSE:GDL) released its quarterly earnings results on Thursday. The company reported C($0.01) earnings per share for the quarter, reports. Goodfellow had a return on equity of 7.94% and a net margin of 2.89%. The firm had revenue of C$105.33 million for the quarter.

Goodfellow Stock Down 0.8 %

Goodfellow stock opened at C$14.00 on Friday. Goodfellow has a fifty-two week low of C$11.15 and a fifty-two week high of C$16.06. The stock has a market cap of C$119.14 million, a PE ratio of 8.09 and a beta of 1.13. The firm’s 50-day simple moving average is C$14.83 and its 200 day simple moving average is C$14.28. The company has a debt-to-equity ratio of 12.39, a quick ratio of 0.99 and a current ratio of 3.08.

Goodfellow Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Tuesday, March 19th. Investors of record on Tuesday, March 5th were issued a dividend of $0.50 per share. This represents a yield of 3.22%. The ex-dividend date of this dividend was Monday, March 4th. Goodfellow’s dividend payout ratio (DPR) is presently 57.80%.

Goodfellow Company Profile

Goodfellow Inc engages in the wholesale distribution of building materials, and floor coverings in Canada, the United States, and internationally. It is also involved in the remanufacturing and distribution of lumber and wood products. The company's decking products include accessories, composite, framing, and wood products for outdoor spaces; and flooring products, such as comfort core, engineered wood, hardwood, laminates, sub-floors and accessories, planks and tiles, and stone product composite.