ENAGAS S A/ADR (OTCMKTS:ENGGY) to Issue Dividend Increase – $0.37 Per Share

ENAGAS S A/ADR (OTCMKTS:ENGGY) declared a Semi-Annual dividend on Tuesday, April 16th, Zacks reports. Shareholders of record on Tuesday, July 2nd will be paid a dividend of 0.369 per share on Thursday, July 18th. The ex-dividend date of this dividend is Monday, July 1st. This is a positive change from ENAGAS S A/ADR’s previous Semi-Annual dividend of $0.25.

Shares of OTCMKTS:ENGGY traded down $0.11 during trading on Friday, hitting $10.85. 42,526 shares of the company’s stock traded hands, compared to its average volume of 63,337. The firm has a 50-day simple moving average of $13.01. ENAGAS S A/ADR has a 52 week low of $10.59 and a 52 week high of $15.43. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.45 and a quick ratio of 1.42.

A number of equities research analysts recently issued reports on ENGGY shares. Deutsche Bank reissued a “buy” rating and issued a GBX 3,400 ($44.43) target price on shares of in a research report on Tuesday, July 9th. Citigroup raised China Petroleum & Chemical from a “neutral” rating to a “buy” rating in a report on Tuesday, May 14th.

ENAGAS S A/ADR Company Profile

Enagás, SA engages in the development, operation, and maintenance of gas infrastructures in Spain and internationally. The company provides gas transportation services through gas pipelines; natural gas regasification services; and operates underground storage facilities. It is involved in the operation and technical management of the basic network and secondary transportation network for natural gas.

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