EnerSys, Inc. (ENS) Declares $0.175 Quarterly Dividend; Approves $60M Buyback Plan

EnerSys, Inc. (NYSE: ENS) declared a quarterly dividend of $0.175 per share, or $0.7 annualized.

The dividend will be payable on September 26, 2014, to stockholders of record on December 12, 2014, with an ex-dividend date of December 10, 2014.

The annual yield on the dividend is 1.1 percent.

The Company also announced the establishment of a new $60 million stock repurchase authorization. With this authorization, the total stock repurchase program in fiscal 2015 is $154 million. The authorized repurchases will be made from time to time in either the open market or through privately negotiated transactions. The timing, volume and nature of share repurchases will be at the sole discretion of management, dependent on market conditions, applicable securities laws, and other factors, and may be suspended or discontinued at any time. No assurance can be given that any particular amount of common stock will be repurchased. All or part of the repurchases may be implemented under a Rule 10b5-1 trading plan, which would allow repurchases under pre-set terms at times when EnerSys might otherwise be prevented from doing so under insider trading laws or because of self-imposed blackout periods. This repurchase program may be modified, extended or terminated by the Board of Directors at any time.

For a dividend history and other dividend-related data on EnerSys, Inc. (ENS) click here.

You May Also Be Interested In

• Carpenter Technology adds $1B share buyback after exhausting prior $400M plan
• EnerSys (ENS) Tops Q1 EPS by 84c; offers guidance
• Group 1 Automotive (GPI) Raises Quarterly Dividend 10% to $0.55; 0.8% Yield