Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, energy transition solutions, and electric power generation equipment to the oil and natural gas industry. The company provides custom and standard compression packages for reciprocating and screw compressor applications; and designs, engineers, manufactures, constructs, and installs modular natural gas processing equipment, refrigeration systems, and electric power solutions, as well as engages in re-engineering, re-configuration, and re-packaging of compressors for various field applications; and modular processing equipment and waste gas systems for natural gas facilities. It also offers after-market services, parts distribution, operations and maintenance solutions, equipment optimization and maintenance programs, manufacturer warranties, exchange components, long-term service agreements, and technical services. In addition, the company rents natural gas compressors totaling approximately 800,000 horsepower. It serves small to large independent producers, integrated oil and natural gas companies, midstream and petrochemical companies, power generation companies, users of natural gas-fired electric power, and carbon capture players in Canada, the United States, Argentina, Bolivia, Brazil, Colombia, Mexico, the United Kingdom, Bahrain Kuwait, Oman, the United Arab Emirates, Australia, New Zealand, Indonesia, Malaysia, and Thailand. Enerflex Ltd. was founded in 1980 and is headquartered in Calgary, Canada.
Enerflex Dividend Announcement
• Enerflex announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2025-01-16. Ex dividend date: 2024-11-26
• Enerflex annual dividend for 2024 was $0.08
• Enerflex annual dividend for 2023 was $0.07
• Enerflex's trailing twelve-month (TTM) dividend yield is 0.61%
• Enerflex's payout ratio for the trailing twelve months (TTM) is -9.40%
• Enerflex's dividend growth over the last five years (2018-2023) was -24.55% year
Enerflex Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-26 | $0.03 | quarterly | 2025-01-16 |
2024-08-22 | $0.02 | quarterly | 2024-10-02 |
2024-05-22 | $0.02 | quarterly | |
2024-03-12 | $0.02 | quarterly | 2024-05-01 |
2023-11-20 | $0.02 | quarterly | 2024-01-10 |
2023-08-23 | $0.02 | quarterly | 2023-10-12 |
2023-05-17 | $0.02 | quarterly | 2023-07-06 |
2023-03-15 | $0.02 | quarterly | 2023-04-06 |
2022-11-28 | $0.02 | quarterly | 2023-01-12 |
2022-08-17 | $0.02 | quarterly | 2022-10-06 |
2022-05-18 | $0.02 | quarterly | 2022-07-07 |
2022-03-09 | $0.02 | quarterly | 2022-04-07 |
2021-11-24 | $0.02 | quarterly | 2022-01-06 |
2021-08-18 | $0.02 | quarterly | 2021-10-07 |
2021-05-19 | $0.02 | quarterly | 2021-07-08 |
2021-03-10 | $0.02 | quarterly | 2021-04-01 |
2020-11-25 | $0.02 | quarterly | 2021-01-07 |
2020-08-19 | $0.02 | quarterly | 2020-10-01 |
2020-05-13 | $0.01 | quarterly | 2020-07-02 |
2020-03-11 | $0.08 | quarterly | 2020-04-02 |
2019-11-20 | $0.09 | quarterly | 2020-01-09 |
2019-08-21 | $0.08 | quarterly | 2019-10-03 |
2018-11-21 | $0.08 | quarterly | 2019-01-10 |
2018-08-22 | $0.07 | quarterly | 2018-10-04 |
2018-05-16 | $0.07 | quarterly | 2018-07-05 |
2018-03-07 | $0.07 | quarterly | 2018-04-05 |
2017-08-22 | $0.07 | quarterly | 2017-10-12 |
2017-03-13 | $0.06 | quarterly | 2017-04-06 |
2016-11-17 | $0.06 | quarterly | |
2016-08-15 | $0.07 | quarterly | |
2016-05-13 | $0.07 | quarterly | |
2016-03-07 | $0.06 | quarterly | |
2015-11-13 | $0.06 | quarterly | |
2015-08-18 | $0.07 | quarterly | |
2015-05-15 | $0.07 | quarterly | |
2015-03-09 | $0.07 | quarterly | |
2014-11-18 | $0.07 | quarterly | |
2014-08-25 | $0.07 | quarterly | |
2014-05-23 | $0.07 | quarterly | |
2014-03-11 | $0.07 | quarterly |
Enerflex Dividend per year
Enerflex Dividend growth
Enerflex Dividend Yield
Enerflex current trailing twelve-month (TTM) dividend yield is 0.61%. Interested in purchasing Enerflex stock? Use our calculator to estimate your expected dividend yield:
Enerflex Financial Ratios
Enerflex Dividend FAQ
Other factors to consider when evaluating Enerflex as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Enerflex's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Enerflex publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Enerflex distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Enerflex are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Enerflex sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Enerflex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Enerflex declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Enerflex's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Enerflex's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.