Goodfellow (TSE:GDL) Announces Quarterly Earnings Results

Goodfellow (TSE:GDL) announced its quarterly earnings results on Thursday. The company reported C($0.01) earnings per share for the quarter, reports. The business had revenue of C$105.33 million during the quarter. Goodfellow had a return on equity of 7.94% and a net margin of 2.89%.

Goodfellow Stock Down 0.8 %

TSE GDL opened at C$14.00 on Friday. The company has a quick ratio of 0.99, a current ratio of 3.08 and a debt-to-equity ratio of 12.39. The company has a fifty day moving average of C$14.83 and a two-hundred day moving average of C$14.28. The firm has a market capitalization of C$119.14 million, a price-to-earnings ratio of 8.09 and a beta of 1.13. Goodfellow has a 52 week low of C$11.15 and a 52 week high of C$16.06.

Goodfellow Dividend Announcement

The company also recently disclosed a Semi-Annual dividend, which was paid on Tuesday, March 19th. Shareholders of record on Tuesday, March 5th were paid a dividend of $0.50 per share. This represents a yield of 3.22%. The ex-dividend date was Monday, March 4th. Goodfellow’s payout ratio is 57.80%.

About Goodfellow

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.