Energizer Holdings, Inc. (NYSE:ENR) Plans $0.30 Quarterly Dividend

Energizer Holdings, Inc. (NYSE:ENR) announced a quarterly dividend on Monday, November 10th. Stockholders of record on Tuesday, November 25th will be given a dividend of 0.30 per share on Wednesday, December 10th. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Tuesday, November 25th.

Energizer has a dividend 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 Stock Up 0.1%

Shares of NYSE ENR opened at $23.86 on Tuesday. The stock has a market cap of $1.63 billion, a PE ratio of 6.88 and a beta of 0.63. The company has a quick ratio of 0.84, a current ratio of 1.78 and a debt-to-equity ratio of 17.57. Energizer has a 52-week low of $19.70 and a 52-week high of $39.51. The business has a 50-day moving average price of $25.76 and a 200 day moving average price of $24.57.

Energizer (NYSE:ENR) last released its quarterly earnings results on Wednesday, December 4th. The company reported $0.64 EPS for the quarter. The company had revenue of $684.10 million for the quarter. Energizer had a return on equity of 181.90% and a net margin of 8.60%. Equities research analysts forecast that Energizer will post 3.58 earnings per share for the current year.

Institutional Trading of Energizer

Several hedge funds and other institutional investors have recently made changes to their positions in the company. M&T Bank Corp raised its holdings in Energizer by 7.7% during the first quarter. M&T Bank Corp now owns 18,862 shares of the company’s stock worth $564,000 after purchasing an additional 1,344 shares in the last quarter. MQS Management LLC purchased a new stake in Energizer in the 1st quarter valued at approximately $221,000. Victory Capital Management Inc. increased its position in Energizer by 0.3% during the 1st quarter. Victory Capital Management Inc. now owns 349,568 shares of the company’s stock worth $10,459,000 after purchasing an additional 1,183 shares during the period. Segall Bryant & Hamill LLC purchased a new position in shares of Energizer during the 1st quarter worth approximately $1,588,000. Finally, Hussman Strategic Advisors Inc. acquired a new stake in shares of Energizer in the 1st quarter valued at approximately $1,257,000. Hedge funds and other institutional investors 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.