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NFI Group Inc.

11:57 AM EST - NFI Group Inc. : Announced its financial results for 2019 Q4 and Fiscal 2019. Adjusted EBITDA was $103.9 million in 2019 Q4; full year Adjusted EBITDA of $322.2 million. Fourth-quarter 2019 Free Cash Flow was $49.0 million and $1.03 per Share. Full year Free Cash Flow was $160.4 million and $3.42 per share. The company declared dividends of $26.6 million in the quarter; full year declared dividends of $105.5 million, representing payout ratios of 41% and 50%, respectively. Net earnings were $34.1 million, or $0.55 per Share, in 2019 Q4; full-year net earnings were $57.7 million, or $0.93 per Share. NFI Group Inc. shares T.NFI are trading down $3.27 at $23.97.