Goodfellow (TSE:GDL) Releases Quarterly Earnings Results

Goodfellow (TSE:GDL) announced its quarterly earnings results on Thursday. The company reported C($0.01) earnings per share (EPS) for the quarter, reports. Goodfellow had a net margin of 2.86% and a return on equity of 7.69%. The firm had revenue of C$105.33 million during the quarter.

Goodfellow Price Performance

GDL opened at C$14.00 on Friday. The company has a market capitalization of C$119.14 million, a price-to-earnings ratio of 8.14 and a beta of 1.13. The company has a current ratio of 4.23, a quick ratio of 0.99 and a debt-to-equity ratio of 6.78. Goodfellow has a 12-month low of C$11.15 and a 12-month high of C$16.06. The business’s fifty day simple moving average is C$14.83 and its 200-day simple moving average is C$14.28.

Goodfellow Announces Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Tuesday, March 19th. Shareholders of record on Tuesday, March 5th were issued a $0.50 dividend. This represents a dividend yield of 3.22%. The ex-dividend date of this dividend was Monday, March 4th. Goodfellow’s dividend payout ratio is 58.14%.

Goodfellow Company Profile

Goodfellow Inc engages in the wholesale distribution of building materials, and floor coverings in Canada, the United States, and internationally. It is also involved in the remanufacturing and distribution of lumber and wood products. The company's decking products include accessories, composite, framing, and wood products for outdoor spaces; and flooring products, such as comfort core, engineered wood, hardwood, laminates, sub-floors and accessories, planks and tiles, and stone product composite.