Investors interested in receiving the upcoming dividend from Energizer Holdings (NYSE:ENR) Inc. should take note that shares need to be purchased by November 28 to qualify for the dividend payment scheduled for December 14. The payout is set at $0.30 per share, contributing to an annual total of $1.20 per share. This amount represents a trailing yield of approximately 3.9% against the current share price of $31.1.
The company's approach to dividends appears sustainable, with 61% of profits and just over a quarter of free cash flow allocated to shareholder payouts. This disciplined financial strategy not only supports long-term holder benefits but also reflects a robust dividend coverage by profits.
Energizer Holdings has consistently raised its earnings per share (EPS), averaging a growth rate of 4.7% over the past five years, alongside an average annual dividend increase of 2.3%. These figures underscore the company's commitment to growing shareholder value while maintaining prudent financial management.
The strategic balance between paying dividends and reinvesting in the business suggests that Energizer Holdings is managing its resources effectively to ensure long-term stability and reliability for its investors, which is crucial in fostering ongoing confidence in the company's financial health and outlook.
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