ONEX Co. (OTCMKTS:ONEXF) Announces Dividend Increase – $0.08 Per Share

ONEX Co. (OTCMKTS:ONEXF) announced a quarterly dividend on Thursday, May 9th, Zacks reports. Investors of record on Wednesday, July 10th will be given a dividend of 0.075 per share on Wednesday, July 31st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend is Tuesday, July 9th. This is a positive change from ONEX’s previous quarterly dividend of $0.07.

ONEX stock opened at $62.44 on Friday. The company has a 50 day simple moving average of $58.49. The company has a current ratio of 1.31, a quick ratio of 0.99 and a debt-to-equity ratio of 3.81. ONEX has a 1-year low of $50.19 and a 1-year high of $75.51.

ONEX (OTCMKTS:ONEXF) last posted its earnings results on Friday, May 10th. The company reported $1.88 EPS for the quarter. The company had revenue of $253.00 million for the quarter. ONEX had a negative return on equity of 7.16% and a net margin of 16.67%.

ONEX Company Profile

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.

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