READING, PA — EnerSys (NYSE: ENS) announced that its Board of Directors recently 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 strategy, we are committed to a competitive dividend with plans to grow the dividend as earnings grow, excluding the impact of the IRA benefits, over time,” said EnerSys President & CEO David M. Shaffer.
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