Enersys (NYSE:ENS) Announces Quarterly Dividend of $0.26

Enersys (NYSE:ENS) announced a quarterly dividend on Wednesday, August 6th, Wall Street Journal reports. Investors of record on Friday, September 12th will be given a dividend of 0.2625 per share by the industrial products company on Friday, September 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, September 12th. This is a 9.4% increase from Enersys’s previous quarterly dividend of $0.24.

Enersys has a dividend payout ratio of 9.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Enersys to earn $10.31 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 9.3%.

Enersys Stock Down 0.9%

Enersys stock opened at $103.66 on Wednesday. The stock has a market capitalization of $3.88 billion, a PE ratio of 11.83, a price-to-earnings-growth ratio of 0.60 and a beta of 1.09. Enersys has a twelve month low of $76.57 and a twelve month high of $104.86. The company has a quick ratio of 1.91, a current ratio of 3.00 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average of $95.10 and a 200-day moving average of $91.73.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, August 6th. The industrial products company reported $2.08 EPS for the quarter, topping the consensus estimate of $2.05 by $0.03. The business had revenue of $893.00 million during the quarter, compared to analysts’ expectations of $848.02 million. Enersys had a net margin of 9.60% and a return on equity of 21.99%. The firm’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.98 earnings per share. On average, equities research analysts anticipate that Enersys will post 9.99 EPS for the current fiscal year.

About Enersys

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.