Progressive Waste Solutions Ltd (BIN) Announces Quarterly Dividend of $0.15
Progressive Waste Solutions (NYSE:BIN) declared a quarterly dividend on Thursday, February 13th, AnalystRatings.NET reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.15 per share on Thursday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 2.66%.
A number of research firms have recently commented on BIN. Analysts at Canaccord Genuity upgraded shares of Progressive Waste Solutions from a “hold” rating to a “buy” rating in a research note on Monday. They now have a $26.00 price target on the stock, down previously from $26.50. On a related note, analysts at Macquarie initiated coverage on shares of Progressive Waste Solutions in a research note on Tuesday, February 4th. They set an “underperform” rating on the stock. Finally, analysts at Macquarie initiated coverage on shares of Progressive Waste Solutions in a research note on Tuesday, January 7th. They set an “underperform” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $27.58.
Progressive Waste Solutions (NYSE:BIN) opened at 23.38 on Thursday. Progressive Waste Solutions has a 52-week low of $20.07 and a 52-week high of $27.18. The stock has a 50-day moving average of $23.55 and a 200-day moving average of $24.9. The company has a market cap of $2.676 billion and a price-to-earnings ratio of 28.49.
Progressive Waste Solutions Ltd., formerly IESI-BFC Ltd. is a waste management company. The Company provides non-hazardous solid waste collection and disposal services to commercial, industrial, municipal and residential customers in 12 states and the District of Columbia in the United States and six Canadian provinces.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.