Enersys (NYSE:ENS – Get Free Report) announced a quarterly dividend on Wednesday, November 5th. Stockholders of record on Friday, December 12th will be paid a dividend of 0.2625 per share by the industrial products company on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, December 12th.
Enersys has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 2 years. Enersys has a payout ratio of 10.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Enersys to earn $10.31 per share next year, which means the company should continue to be able to cover its $1.05 annual dividend with an expected future payout ratio of 10.2%.
Enersys Trading Up 3.0%
Shares of ENS stock opened at $126.80 on Thursday. Enersys has a 1 year low of $76.57 and a 1 year high of $128.15. The firm has a fifty day moving average price of $113.64 and a 200-day moving average price of $98.46. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.00 and a quick ratio of 1.91. The company has a market cap of $4.75 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 0.71 and a beta of 1.13.
Enersys Company Profile
EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.
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