Greif, Inc. (NYSE:GEF.B) declared a quarterly dividend on Tuesday, February 27th, Zacks reports. Shareholders of record on Monday, March 19th will be given a dividend of 0.63 per share by the industrial products company on Sunday, April 1st. This represents a $2.52 annualized dividend and a yield of 4.27%. The ex-dividend date of this dividend is Friday, March 16th. This is a positive change from Greif’s previous quarterly dividend of $0.62.
Greif (GEF.B) opened at $59.00 on Friday. Greif has a 1-year low of $52.50 and a 1-year high of $71.95. The company has a current ratio of 1.65, a quick ratio of 1.12 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $2,827.69, a PE ratio of 19.73 and a beta of 1.11.
Greif (NYSE:GEF.B) last posted its earnings results on Wednesday, December 6th. The industrial products company reported $0.98 earnings per share for the quarter. Greif had a return on equity of 16.63% and a net margin of 4.56%. The company had revenue of $968.10 million for the quarter.
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Greif, Inc is a producer of industrial packaging products and services. The Company’s segments are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services.
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