Energizer Holdings, Inc. (NYSE:ENR – Get Free Report) announced a quarterly dividend on Monday, November 10th. Stockholders of record on Tuesday, November 25th will be paid a dividend of 0.30 per share on Wednesday, December 10th. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Tuesday, November 25th.
Energizer has a payout ratio of 34.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Energizer to earn $3.82 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 31.4%.
Energizer Price Performance
NYSE:ENR opened at $24.38 on Wednesday. The company has a debt-to-equity ratio of 17.57, a current ratio of 1.78 and a quick ratio of 0.84. The stock has a market cap of $1.66 billion, a P/E ratio of 7.03 and a beta of 0.63. The company has a fifty day moving average price of $25.68 and a 200 day moving average price of $24.55. Energizer has a one year low of $19.70 and a one year high of $39.51.
Institutional Trading of Energizer
Hedge funds and other institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc acquired a new position in Energizer during the 3rd quarter worth $29,000. Versant Capital Management Inc increased its position in Energizer by 92.4% in the third quarter. Versant Capital Management Inc now owns 1,233 shares of the company’s stock worth $31,000 after purchasing an additional 592 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in Energizer by 108.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company’s stock worth $33,000 after purchasing an additional 579 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of Energizer by 967.1% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,782 shares of the company’s stock worth $36,000 after buying an additional 1,615 shares during the period. Finally, Blue Trust Inc. boosted its stake in Energizer by 38.9% in the second quarter. Blue Trust Inc. now owns 1,883 shares of the company’s stock valued at $38,000 after acquiring an additional 527 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.
Energizer Company Profile
Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.
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