UBS Maintains a 'Buy' on Energizer (ENR); The Dividend Is Going and Going...

UBS maintains a 'Buy' on Energizer (NYSE: ENR) price target of $87.00.

Analyst, Nik Modi, took notice of last night's announcement entailing ENR's board of directors declaring its first quarterly cash dividend ($0.40/share)

Ward Klein, Energizer's CEO, said, "The payment of a quarterly dividend reflects our financial strength, consistent cash generation, and commitment to increasing shareholder value and total shareholder return."

For an analyst ratings summary and ratings history on Energizer click here. For more ratings news on Energizer click here.

Shares of Energizer closed at $78.21 yesterday.

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