Enel SpA (OTCMKTS:ENLAY) Announces Dividend Increase – $0.23 Per Share

Enel SpA (OTCMKTS:ENLAY) declared a dividend on Tuesday, November 12th,NASDAQ Dividends reports. Stockholders of record on Tuesday, January 21st will be given a dividend of 0.2315 per share by the utilities provider on Wednesday, February 12th. The ex-dividend date is Tuesday, January 21st. This is a boost from Enel’s previous dividend of $0.12.

Enel Stock Up 1.1 %

ENLAY opened at $7.41 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.77 and a current ratio of 0.86. The stock’s 50 day simple moving average is $7.13 and its 200 day simple moving average is $7.36. Enel has a 1 year low of $6.04 and a 1 year high of $8.01.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ENLAY. Barclays raised shares of Enel to a “strong-buy” rating in a research note on Friday, September 27th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Enel in a research report on Wednesday, October 2nd. They issued a “hold” rating on the stock.

Enel Company Profile

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.