Onex Co. (OTCMKTS:ONEXF) Raises Dividend to $0.07 Per Share

Onex Co. (OTCMKTS:ONEXF) declared a dividend on Wednesday, October 2nd, investing.com reports. Investors of record on Friday, October 11th will be given a dividend of 0.0736 per share on Thursday, October 31st. This represents a dividend yield of 0.42%. The ex-dividend date is Thursday, October 10th. This is a positive change from Onex’s previous dividend of $0.07.

Onex Stock Performance

Shares of ONEXF stock opened at $70.45 on Tuesday. The firm has a market cap of $5.44 billion, a PE ratio of 7.19 and a beta of 1.55. Onex has a 12 month low of $54.61 and a 12 month high of $79.40. The company’s fifty day simple moving average is $67.77 and its 200-day simple moving average is $69.94. The company has a quick ratio of 2.87, a current ratio of 2.87 and a debt-to-equity ratio of 0.01.

Onex (OTCMKTS:ONEXF) last released its earnings results on Thursday, August 8th. The company reported $2.19 earnings per share (EPS) for the quarter. The business had revenue of $245.00 million for the quarter. Onex had a return on equity of 9.55% and a net margin of 70.42%.

About Onex

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.