EFX Ex-Dividend Reminder - 5/15/15

On 5/15/15, Enerflex Ltd. (TSX: EFX.TO) will trade ex-dividend, for its quarterly dividend of $0.085, payable on 7/9/15. As a percentage of EFX's recent stock price of $14.51, this dividend works out to approximately 0.59%, so look for shares of Enerflex Ltd. to trade 0.59% lower — all else being equal — when EFX shares open for trading on 5/15/15.

Below is a dividend history chart for EFX, showing historical dividends prior to the most recent $0.085 declared by Enerflex Ltd.:

EFX+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EFX is likely to continue, and whether the current estimated yield of 2.34% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EFX shares, versus its 200 day moving average:

Enerflex Ltd. 200 Day Moving Average Chart

Looking at the chart above, EFX's low point in its 52 week range is $14.04 per share, with $21.50 as the 52 week high point — that compares with a last trade of $14.52.

In Wednesday trading, Enerflex Ltd. shares are currently up about 0.8% on the day.

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