READING, PA — EnerSys (NYSE: ENS) increased its quarterly dividend by 10% to 28.75 cents per share, expanding shareholder distributions while maintaining approximately $900 million in remaining share repurchase authorization.
The dividend is payable October 2, 2026, to shareholders of record on September 18.
The new quarterly payment translates to $1.15 per share annually and represents an increase from approximately 26.1 cents per quarter.
Chief Executive Officer Shawn O’Connell attributed the increase to the company’s earnings growth and cash generation.
“We remain committed to a disciplined capital allocation strategy that balances organic and inorganic investment in the business with consistent returns to shareholders,” O’Connell stated.
The company intends to grow its dividend alongside earnings, excluding benefits associated with the 45X tax credit, while continuing to pursue share repurchases under its existing authorization.
Approximately $900 million remained available under that authorization at the end of the first quarter, according to O’Connell.
EnerSys manufactures batteries, chargers and related power equipment for industrial, infrastructure and defense customers in more than 100 countries.
Its products serve communications networks, data centers, energy infrastructure, material handling, transportation, aerospace and defense applications.
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