Enerflex Dividend Update: Key Information Before the Ex-Dividend Date on May 21, 2025

CashCowSaturday, May 17, 2025 7:02 pm ET
1min read
Enerflex Ltd. has announced a dividend of $0.027 per share, with an ex-dividend date of May 21, 2025, and a payment date of Jun 3, 2025. This dividend is slightly higher compared to the average of the last ten dividends, which stands at $0.020 per share. The last dividend paid out by the company was on Mar 24, 2025, amounting to $0.026 per share. Both dividends are categorized as cash dividends.

Recently, Enerflex's market activity has drawn attention. Over the past week, recorded an accrual ratio of -0.10 for the twelve months ending Mar 2025, indicating that its free cash flow surpasses its statutory earnings. As of late, Enerflex's market capitalization has seen a notable rise, increasing by 43.57% from Oct 2022 to $886.96M, with a compound annual growth rate of 15.01%. This growth reflects Enerflex's strong financial performance and strategic investments. Additionally, there have been significant changes in institutional holdings. Jane Street Group LLC has notably increased its stake in Enerflex Ltd. by 586.3% during the fourth quarter, signaling positive investor sentiment towards Enerflex's future prospects. These developments suggest strong investor confidence and potential growth in Enerflex's market presence.

In conclusion, Enerflex's recent dividend announcement and positive market indicators highlight its robust financial health and investor confidence. Investors should note that May 21, 2025, marks the ex-dividend date, which is the last day to purchase shares to be eligible for the upcoming dividend. Any acquisitions made after this date will not qualify for the current dividend payout.