Enerflex Ltd. (TSE:EFX) Shares Set to Pay Quarterly Dividend of $0.04

Enerflex Ltd. (TSE:EFX) announced a quarterly dividend on Thursday, November 12th. Investors of record on Wednesday, November 25th will be given a dividend of $0.0350 per share on Wednesday, November 25th. This represents a $0.14 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 12th. This is a 22.2% decrease from Enerflex’s previous quarterly dividend of $0.0450.

Enerflex Stock Up 4.1%

Shares of TSE EFX opened at C$28.57 on Tuesday. The firm has a market cap of C$3.48 billion, a price-to-earnings ratio of 48.42 and a beta of 1.37. The company has a quick ratio of 1.20, a current ratio of 1.23 and a debt-to-equity ratio of 49.79. Enerflex has a 52-week low of C$17.62 and a 52-week high of C$39.95. The business’s 50 day moving average is C$32.47 and its two-hundred day moving average is C$31.53.

Enerflex (TSE:EFX) last released its quarterly earnings results on Thursday, October 29th. The company reported C$0.64 EPS for the quarter. Enerflex had a return on equity of 6.01% and a net margin of 3.23%. The company had revenue of C$886.92 million for the quarter. Research analysts predict that Enerflex will post 0.73 EPS for the current year.

Enerflex Company Profile

Enerflex is a leading provider of modular natural gas, power technology and treated water solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value. With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future.