Element Fleet Management Corp. Announces Quarterly Dividend of $0.15 (TSE:EFN)

Element Fleet Management Corp. (TSE:EFN) declared a quarterly dividend on Tuesday, March 31st, TickerTech Dividends reports. Shareholders of record on Wednesday, April 15th will be paid a dividend of 0.15 per share by the financial services provider on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, March 31st.

Element Fleet Management Stock Down 1.9%

Shares of TSE:EFN opened at C$30.11 on Friday. The company has a current ratio of 4.05, a quick ratio of 5.70 and a debt-to-equity ratio of 363.75. The stock has a fifty day simple moving average of C$33.17 and a two-hundred day simple moving average of C$35.32. Element Fleet Management has a 12-month low of C$25.76 and a 12-month high of C$38.26. The stock has a market capitalization of C$11.97 billion, a price-to-earnings ratio of 43.64, a PEG ratio of 2.97 and a beta of 0.23.

Element Fleet Management (TSE:EFN) last released its earnings results on Wednesday, February 25th. The financial services provider reported C$0.45 EPS for the quarter. Element Fleet Management had a return on equity of 8.48% and a net margin of 10.11%.The firm had revenue of C$430.19 million for the quarter. On average, research analysts anticipate that Element Fleet Management will post 1.6884016 earnings per share for the current fiscal year.

Element Fleet Management Company Profile

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets. The company’s suite of fleet management services deals with acquisition and financing, to program management and remarketing. ECN Capital operates across North America in three verticals of the equipment finance market: commercial and vendor finance, rail finance, and commercial aviation finance.