Greif Inc. Announces Quarterly Dividend of $0.42 (GEF)
Greif (NYSE:GEF) announced a quarterly dividend on Wednesday, June 4th, Analyst Ratings News reports. Investors of record on Friday, June 20th will be paid a dividend of 0.42 per share on Tuesday, July 1st. This represents a $1.68 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Wednesday, June 18th.
Greif (NYSE:GEF) traded down 1.00% during mid-day trading on Wednesday, hitting $54.50. The stock had a trading volume of 110,304 shares. Greif has a one year low of $47.76 and a one year high of $58.27. The stock’s 50-day moving average is $54.01 and its 200-day moving average is $52.52. The company has a market cap of $2.597 billion and a P/E ratio of 17.10.
Greif (NYSE:GEF) last released its earnings data on Wednesday, June 4th. The company reported $0.65 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.67 by $0.02. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. Analysts expect that Greif will post $2.99 EPS for the current fiscal year.
Greif, Inc is a producer of industrial packaging products and services with manufacturing facilities located in over 50 countries.
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