Enerflex Ltd. (EFXT) To Go Ex-Dividend on March 11th

Enerflex Ltd. (NYSE:EFXT) declared a quarterly dividend on Wednesday, February 25th. Investors of record on Wednesday, March 11th will be paid a dividend of 0.0425 per share on Wednesday, March 25th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, March 11th.

Enerflex has a dividend payout ratio of 17.6% meaning 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 $23.26 on Friday. The firm has a market cap of $2.83 billion, a PE ratio of 21.15 and a beta of 1.95. The company’s 50-day moving average price is $17.13 and its two-hundred day moving average price is $13.72. The company has a quick ratio of 0.88, a current ratio of 1.24 and a debt-to-equity ratio of 0.61. Enerflex has a 12 month low of $6.18 and a 12 month high of $23.47.

About Enerflex

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.