Onex Co. (OTCMKTS:ONEXF) Raises Dividend to $0.07 Per Share

Onex Co. (OTCMKTS:ONEXF) declared a dividend on Friday, March 29th, investing.com reports. Shareholders of record on Wednesday, April 10th will be paid a dividend of 0.0741 per share on Tuesday, April 30th. This represents a yield of 0.4%. The ex-dividend date is Tuesday, April 9th. This is an increase from Onex’s previous dividend of $0.07.

Onex Stock Performance

Onex stock opened at $74.85 on Friday. Onex has a fifty-two week low of $43.80 and a fifty-two week high of $79.40. The stock’s 50 day simple moving average is $75.36 and its two-hundred day simple moving average is $67.41. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.95 and a current ratio of 2.95. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 7.98 and a beta of 1.54.

Onex (OTCMKTS:ONEXF) last released its quarterly earnings results on Friday, February 23rd. The company reported $4.86 earnings per share for the quarter. The company had revenue of $454.00 million for the quarter. Onex had a return on equity of 8.80% and a net margin of 46.98%.

About Onex

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.