Enerflex Ltd. (TSE:EFX) to Issue Dividend Increase – $0.04 Per Share

Enerflex Ltd. (TSE:EFX) announced a quarterly dividend on Wednesday, August 19th, TickerTech Dividends reports. Investors of record on Wednesday, September 2nd will be given a dividend of 0.045 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, August 19th. This is a 5.9% increase from Enerflex’s previous quarterly dividend of $0.04.

Enerflex Stock Performance

TSE:EFX opened at C$31.11 on Monday. The company has a debt-to-equity ratio of 51.03, a quick ratio of 1.20 and a current ratio of 1.19. The company has a fifty day moving average of C$32.79 and a two-hundred day moving average of C$31.60. The stock has a market capitalization of C$3.80 billion, a PE ratio of 70.70 and a beta of 2.30. Enerflex has a fifty-two week low of C$12.92 and a fifty-two week high of C$39.95.

Enerflex (TSE:EFX) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$0.36 earnings per share (EPS) for the quarter. The business had revenue of C$826.90 million for the quarter. Enerflex had a net margin of 2.53% and a return on equity of 5.26%. As a group, research analysts forecast that Enerflex will post 0.734413 earnings per share for the current fiscal year.

About Enerflex

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.