ENN Energy Holdings Limited (OTCMKTS:XNGSY) Plans Dividend Increase – $1.20 Per Share

Share on StockTwits

ENN Energy Holdings Limited (OTCMKTS:XNGSY) declared an annual dividend on Tuesday, April 6th, Zacks reports. Investors of record on Thursday, May 13th will be paid a dividend of 1.195 per share on Friday, August 6th. This represents a yield of 1.84%. The ex-dividend date is Wednesday, May 12th. This is a positive change from ENN Energy’s previous annual dividend of $0.81.

Shares of XNGSY stock opened at $64.85 on Thursday. ENN Energy has a 12-month low of $38.85 and a 12-month high of $70.95. The firm has a market capitalization of $18.30 billion, a price-to-earnings ratio of 22.21 and a beta of 0.82. The business has a 50 day simple moving average of $63.34 and a 200 day simple moving average of $56.58. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.60 and a quick ratio of 0.56.

Separately, Zacks Investment Research lowered ENN Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, March 17th.

About ENN Energy

ENN Energy Holdings Limited, an investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructures; and integrated energy, and vehicle and ship refueling stations in the People's Republic of China. It operates through Retail Gas Sales Business, Sales of Integrated Energy and Services, Wholesale of Gas, Construction and Installation, and Value Added Business segments.

Read More: History of the Euro STOXX 50 Index

Receive News & Ratings for ENN Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ENN Energy and related companies with MarketBeat.com's FREE daily email newsletter.