Biffa PLC (LON:BIFF) Declares GBX 2.17 Dividend

Biffa PLC (LON:BIFF) announced a dividend on Wednesday, November 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be paid a dividend of GBX 2.17 ($0.03) per share on Friday, January 5th. This represents a yield of 0.84%. The ex-dividend date of this dividend is Thursday, December 7th. The official announcement can be accessed at this link.

Biffa (LON:BIFF) traded up GBX 1.99 ($0.03) during trading on Monday, reaching GBX 246.24 ($3.31). The company’s stock had a trading volume of 76,466 shares, compared to its average volume of 446,223. Biffa has a 12-month low of GBX 171.50 ($2.31) and a 12-month high of GBX 265 ($3.57).

A number of analysts recently issued reports on BIFF shares. Numis Securities reaffirmed a “buy” rating and issued a GBX 285 ($3.84) target price on shares of Biffa in a research report on Tuesday, September 5th. Beaufort Securities lifted their target price on Biffa from GBX 250 ($3.36) to GBX 270 ($3.63) and gave the company a “buy” rating in a research report on Friday, September 8th. Finally, J P Morgan Chase & Co lifted their price target on Biffa from GBX 260 ($3.50) to GBX 270 ($3.63) and gave the stock an “overweight” rating in a report on Friday, September 8th. Five equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of GBX 266 ($3.58).

In other news, insider Michael Topham sold 3,856 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of GBX 249 ($3.35), for a total transaction of £9,601.44 ($12,922.53). Also, insider David Gooding sold 23,000 shares of the business’s stock in a transaction that occurred on Thursday, November 23rd. The stock was sold at an average price of GBX 260 ($3.50), for a total value of £59,800 ($80,484.52). Insiders have sold 217,951 shares of company stock valued at $55,096,084 in the last quarter.

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About Biffa

Biffa plc is engaged in waste management business. The Company is engaged in collection, treatment, processing and disposal of waste and recyclable materials, as well as related work in the production and sale of energy derived from waste and the sale of recovered commodities, such as paper, glass, metals and plastic.

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