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 $0.02 per ordinary share which will be made payable on 2024-10-02. Ex dividend date: 2024-08-22
• Enerflex annual dividend for 2024 was $0.06
• Enerflex annual dividend for 2023 was $0.07
• Enerflex's trailing twelve-month (TTM) dividend yield is 1.07%
• Enerflex's payout ratio for the trailing twelve months (TTM) is -9.35%
• 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 |
|---|---|---|---|
| 2024-08-22 | $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 1.07%. Interested in purchasing Enerflex stock? Use our calculator to estimate your expected dividend yield:
Enerflex Financial Ratios
P/E ratio-8.52
PEG ratio0.16
P/B ratio0.85
ROE-9.71%
Payout ratio-9.35%
Current ratio1.27
Quick ratio0.93
Cash Ratio0.14
Enerflex Dividend FAQ
How much is the next Enerflex dividend?
Enerflex's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Enerflex dividend. The next Enerflex dividend will be released in March, May, August, or November.
When is Enerflex dividend paid?
Enerflex pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Enerflex pay?
The specific amount of Enerflex dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Enerflex's dividend history.
Does Enerflex stock pay dividends?
Yes, Enerflex does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Enerflex's dividend history.
How much dividend does Enerflex pay?
Enerflex paid $0.055 in 2024, $0.073 in 2023, $0.076 in 2022, $0.068 in 2021, and $0.128 in 2020.
How often does Enerflex pay dividends?
Enerflex typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Enerflex's dividend yield?
The current dividend yield for Enerflex is 1.07%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Enerflex's exact dividend yield.
When does Enerflex go ex dividend?
Enerflex's ex-dividend date for the latest dividend was on 2024-08-22. Enerflex typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Enerflex dividend paid?
Enerflex pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Enerflex increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Enerflex will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Enerflex dividend per share?
Enerflex paid $0.055 per share in 2024 and $0.073 per share in 2023. The amount of dividend per share that Enerflex pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Enerflex a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Enerflex a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Enerflex a dividend stock?
Yes, Enerflex is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Enerflex a good dividend stock?
Whether Enerflex is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Enerflex has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Enerflex pay dividends monthly?
Enerflex typically pays dividends on a quarterly basis.
Does Enerflex pay dividends quarterly?
Enerflex currently pays dividends on a quarterly basis.
Has Enerflex ever paid a dividend?
Yes, Enerflex has a history of paying dividends to its shareholders. Enerflex is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Enerflex dividend stocks?
To buy Enerflex you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Enerflex stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Enerflex stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Enerflex pay dividends 2024?
Enerflex pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Enerflex increase its dividend in 2024?
Decisions regarding Enerflex dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Enerflex dividend overview you can look into the above table of dividend history.
How Enerflex dividend works?
The Enerflex dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Enerflex's dividend process works:
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. 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.
How are Enerflex dividends paid?
Enerflex dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Enerflex pay dividends?
Enerflex typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Enerflex pay dividends?
The general pattern is that Enerflex pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Enerflex dividend safe?
The safety of Enerflex's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.