Enerflex Ltd. (EFXT) to Issue Quarterly Dividend of C$0.04 on March 25th

Enerflex Ltd. (NYSE:EFXT) declared a quarterly dividend on Wednesday, February 25th. Investors of record on Wednesday, March 11th will be given a dividend of 0.0425 per share on Wednesday, March 25th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Wednesday, March 11th.

Enerflex has a dividend payout ratio of 17.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Enerflex to earn $0.81 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 14.8%.

Enerflex Price Performance

NYSE:EFXT opened at $21.66 on Monday. Enerflex has a one year low of $6.18 and a one year high of $23.82. The stock has a market cap of $2.64 billion, a PE ratio of 42.47 and a beta of 1.84. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 1.13. The stock has a 50 day moving average price of $17.98 and a 200 day moving average price of $14.32.

Enerflex Company Profile

Enerflex Ltd is a Calgary‐headquartered energy infrastructure company specializing in the design, fabrication, installation and aftermarket support of natural gas compression, processing, refrigeration and treatment equipment. Its product portfolio includes reciprocating and centrifugal compression systems, gas treating and refrigeration packages, fuel gas conditioning and liquid separation solutions. In addition to equipment sales, Enerflex delivers field services such as commissioning, maintenance, monitoring and parts supply to optimize asset performance throughout the lifecycle.

The company supports upstream, midstream and downstream energy customers through an integrated offering that spans engineering, procurement and construction (EPC) as well as modular fabrication.