EnerSys (ENS) Raises Quarterly Dividend 28.6% to $0.225; 0.9% Yield

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EnerSys Announces Dividend Increase of 29% to $0.225 Per Share for the Second Quarter of Fiscal Year 2024

August 9, 2023 4:16 PM EDT

READING, Pa.--(BUSINESS WIRE)-- EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend increase of 29% to $0.225 per share of common stock payable on September 29, 2023, to holders of record as of September 15, 2023. This marks the company's 42nd consecutive quarterly dividend.

"Our accelerated earnings, strong operating cash flow, and healthy balance sheet provides us with the flexibility to continue investing for long-term growth and returning capital to shareholders. As part of our disciplined capital allocation... More