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

Enel SpA (OTCMKTS:ENLAY) declared a dividend on Tuesday, November 12th,NASDAQ Dividends reports. Shareholders 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 of this dividend is Tuesday, January 21st. This is a positive change from Enel’s previous dividend of $0.12.

Enel Stock Performance

Shares of OTCMKTS 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 company has a 50 day simple moving average of $7.13 and a 200-day simple moving average of $7.36. Enel has a 1 year low of $6.04 and a 1 year high of $8.01.

Analyst Ratings Changes

ENLAY has been the topic of a number of research analyst reports. Barclays upgraded Enel to a “strong-buy” rating in a research report on Friday, September 27th. Deutsche Bank Aktiengesellschaft started coverage on shares of Enel in a research report on Wednesday, October 2nd. They issued a “hold” rating on the stock.

About Enel

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.