Energizer Holdings, Inc. (ENR) to Issue Quarterly Dividend of $0.30 on December 9th

Energizer Holdings, Inc. (NYSE:ENR) declared a quarterly dividend on Monday, November 9th. Stockholders of record on Tuesday, November 24th will be given a dividend of $0.30 per share on Wednesday, December 9th. This represents a $1.20 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, November 24th.

Energizer has a dividend payout ratio of 34.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Energizer to earn $3.34 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 35.9%.

Energizer Price Performance

Energizer stock opened at $24.82 on Wednesday. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 21.03 and a beta of 0.83. Energizer has a 52-week low of $15.75 and a 52-week high of $25.83. The company has a debt-to-equity ratio of 16.22, a quick ratio of 1.10 and a current ratio of 2.07. The stock’s 50 day moving average price is $22.06 and its two-hundred day moving average price is $20.55.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Energizer during the second quarter worth about $201,796,000. Bank of New York Mellon Corp purchased a new position in shares of Energizer during the 2nd quarter valued at about $22,040,000. Cibc World Market Inc. purchased a new position in shares of Energizer during the 2nd quarter valued at about $12,710,000. Jupiter Topco LLC bought a new stake in Energizer in the 2nd quarter worth approximately $10,116,000. Finally, Bank of America Corp DE bought a new stake in Energizer in the 2nd quarter worth approximately $9,827,000. 93.74% of the stock is currently owned by institutional investors.

About Energizer

Energizer Holdings, Inc. develops, manufactures and markets batteries, portable lighting and automotive care products. Its battery offerings include alkaline, lithium, rechargeable and specialty batteries for consumer and commercial uses. The company sells products under brands including Energizer, Eveready and Rayovac. Its automotive care portfolio includes Armor All, STP and A/C Pro products, such as cleaners, protectants and vehicle maintenance items. Headquartered in St. Louis, Missouri, Energizer serves customers in North America and international markets through retail, e-commerce and other sales channels.