Enel SpA (OTCMKTS:ENLAY) Increases Dividend to $0.23 Per Share

Enel SpA (OTCMKTS:ENLAY) announced a dividend on Tuesday, November 12th,NASDAQ Dividends reports. Shareholders of record on Tuesday, January 21st will be paid a dividend of 0.2315 per share by the utilities provider on Wednesday, February 12th. The ex-dividend date is Tuesday, January 21st. This is a boost from Enel’s previous dividend of $0.12.

Enel Stock Performance

OTCMKTS ENLAY opened at $7.41 on Friday. The business’s 50 day moving average price is $7.13 and its 200-day moving average price is $7.36. Enel has a fifty-two week low of $6.04 and a fifty-two week high of $8.01. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.86 and a quick ratio of 0.77.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Barclays upgraded Enel to a “strong-buy” rating in a research report on Friday, September 27th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Enel in a report on Wednesday, October 2nd. They set a “hold” rating for the company.

Enel Company Profile

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.