Greif, Inc. Class B (GEF.B) Declares Quarterly Dividend of $0.66
Greif, Inc. Class B (NYSE:GEF.B) declared a quarterly dividend on Tuesday, August 28th, NASDAQ reports. Investors of record on Monday, September 17th will be given a dividend of 0.66 per share by the industrial products company on Monday, October 1st. This represents a $2.64 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date is Friday, September 14th. This is a positive change from Greif, Inc. Class B’s previous quarterly dividend of $0.63.
Greif, Inc. Class B stock traded up $0.60 during trading hours on Friday, reaching $58.90. 16,325 shares of the stock were exchanged, compared to its average volume of 14,986. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 14.65 and a beta of 1.09. The company has a quick ratio of 1.09, a current ratio of 1.58 and a debt-to-equity ratio of 0.88. Greif, Inc. Class B has a twelve month low of $52.50 and a twelve month high of $71.95.
Separately, ValuEngine downgraded shares of Greif, Inc. Class B from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd.
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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