Energizer Holdings Inc (NYSE:ENR) announced a quarterly dividend on Monday, January 29th, RTT News reports. Investors of record on Tuesday, February 20th will be paid a dividend of 0.29 per share on Tuesday, March 13th. This represents a $1.16 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Friday, February 16th.

Energizer has decreased its dividend payment by an average of 17.7% per year over the last three years. Energizer has a dividend payout ratio of 37.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Energizer to earn $3.66 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 31.7%.

Shares of Energizer (NYSE:ENR) opened at $53.42 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.39 and a debt-to-equity ratio of 29.02. Energizer has a 1-year low of $40.64 and a 1-year high of $62.86. The stock has a market capitalization of $3,188.43, a price-to-earnings ratio of 17.69, a P/E/G ratio of 1.35 and a beta of 0.89.

Energizer (NYSE:ENR) last announced its quarterly earnings data on Wednesday, January 31st. The company reported $1.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.43 by $0.12. Energizer had a return on equity of 274.69% and a net margin of 9.40%. The business had revenue of $573.30 million during the quarter, compared to analyst estimates of $566.50 million. During the same period last year, the company earned $1.51 earnings per share. Energizer’s quarterly revenue was up 2.4% compared to the same quarter last year. analysts predict that Energizer will post 3.39 EPS for the current year.

In other Energizer news, VP Emily K. Boss sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total transaction of $420,000.00. Following the transaction, the vice president now directly owns 9,708 shares in the company, valued at $543,648. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.79% of the stock is owned by company insiders.

ENR has been the topic of several recent research reports. Off Wall Street initiated coverage on Energizer in a report on Monday, October 30th. They set a “sell” rating on the stock. Citigroup cut their target price on Energizer from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, November 10th. Deutsche Bank upgraded Energizer from a “hold” rating to a “buy” rating and cut their target price for the company from $50.00 to $49.00 in a report on Thursday, January 4th. Morgan Stanley cut their target price on Energizer from $53.00 to $50.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Finally, Zacks Investment Research lowered Energizer from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $59.22.

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Energizer Company Profile

Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.

Dividend History for Energizer (NYSE:ENR)

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