Goodfellow (TSE:GDL) Releases Quarterly Earnings Results

Goodfellow (TSE:GDL) announced its quarterly earnings data on Wednesday. The company reported C($0.36) EPS for the quarter, FiscalAI reports. The company had revenue of C$108.73 million for the quarter. Goodfellow had a return on equity of 3.49% and a net margin of 1.32%.

Goodfellow Stock Performance

Shares of GDL stock opened at C$11.79 on Thursday. The company has a market cap of C$98.22 million, a price-to-earnings ratio of 13.87 and a beta of 0.13. Goodfellow has a 52 week low of C$10.41 and a 52 week high of C$13.31. The company has a quick ratio of 0.99, a current ratio of 3.09 and a debt-to-equity ratio of 25.60. The firm has a 50 day moving average of C$12.11 and a 200-day moving average of C$11.93.

Goodfellow Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 19th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a dividend yield of 122.0%. Goodfellow’s dividend payout ratio (DPR) is 70.59%.

Goodfellow Company Profile

Goodfellow Inc is engaged in remanufacturers and distributors of lumber products and hardwood flooring products. It is engaged in the domestic and export sales of wholesale distribution of wood products, and remanufacturing, distribution and brokerage of lumber. Goodfellow offers products, including decking, flooring, lumber, insulation and soundproofing, panels, siding, and specialty and commodity panels. Goodfellow represents three main sectors – retail trade, industrial, and manufacturing. The company manages its operations under one operating segment.