GFL Environmental Inc. (TSE:GFL) Announces Quarterly Dividend of $0.01

GFL Environmental Inc. (TSE:GFL) announced a quarterly dividend on Thursday, October 7th, Zacks reports. Shareholders of record on Monday, October 18th will be given a dividend of 0.014 per share on Friday, October 29th. This represents a $0.06 annualized dividend and a yield of 0.11%. The ex-dividend date of this dividend is Friday, October 15th.

Shares of GFL opened at C$49.04 on Thursday. The company has a debt-to-equity ratio of 127.47, a quick ratio of 1.00 and a current ratio of 1.12. GFL Environmental has a 1-year low of C$25.38 and a 1-year high of C$50.21. The firm has a market cap of C$15.57 billion and a PE ratio of -20.96.

GFL has been the subject of a number of research reports. CIBC lifted their target price on GFL Environmental from C$48.00 to C$53.00 and gave the stock an “outperform” rating in a report on Monday, October 4th. The Goldman Sachs Group lifted their price objective on GFL Environmental to C$56.00 and gave the company a “na” rating in a research note on Tuesday. TD Securities upped their target price on GFL Environmental from C$53.00 to C$54.00 and gave the stock a “hold” rating in a research note on Wednesday, October 6th. Finally, National Bank Financial lifted their price target on GFL Environmental to C$50.00 and gave the company an “outperform” rating in a research report on Wednesday, September 29th.

About GFL Environmental

GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities throughout Canada and in 27 states in the United States.

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