Enerflex Ltd. (TSE:EFX) Announces Quarterly Dividend of $0.04

Enerflex Ltd. (TSE:EFX) announced a quarterly dividend on Wednesday, May 20th, TickerTech Dividends reports. Stockholders of record on Wednesday, June 3rd will be given a dividend of 0.0425 per share on Wednesday, June 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 20th.

Enerflex Stock Performance

EFX opened at C$38.34 on Monday. The stock has a market cap of C$4.67 billion, a PE ratio of 56.38 and a beta of 2.28. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 54.47. Enerflex has a 1 year low of C$9.32 and a 1 year high of C$39.95. The stock’s 50 day simple moving average is C$31.77 and its 200-day simple moving average is C$25.50.

Enerflex (TSE:EFX) last released its quarterly earnings data on Thursday, February 26th. The company reported C$0.28 earnings per share (EPS) for the quarter. Enerflex had a return on equity of 7.72% and a net margin of 3.31%.The business had revenue of C$821.97 million for the quarter. Sell-side analysts forecast that Enerflex will post 0.734413 EPS for the current year.

Insider Activity

In other news, insider Gurpreet (Preet) Singh Dhindsa purchased 1,265 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were acquired at an average price of C$39.00 per share, with a total value of C$49,335.00. Following the completion of the purchase, the insider directly owned 5,757 shares of the company’s stock, valued at C$224,523. The trade was a 28.16% increase in their position. Insiders acquired a total of 1,737 shares of company stock worth $67,558 over the last quarter. Corporate insiders own 0.49% of the company’s stock.

About Enerflex

Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company’s focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as a coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, Rest of World, and Canada.