ENGIE BRASIL EN/S to Issue Semi-Annual Dividend of $0.24 (OTCMKTS:EGIEY)

ENGIE BRASIL EN/S (OTCMKTS:EGIEY) declared a Semi-Annual dividend on Thursday, November 21st, Zacks reports. Shareholders of record on Wednesday, December 4th will be paid a dividend of 0.241 per share on Friday, January 10th. The ex-dividend date is Tuesday, December 3rd.

Shares of OTCMKTS:EGIEY opened at $10.64 on Friday. The stock has a fifty day simple moving average of $11.24 and a two-hundred day simple moving average of $11.41. The stock has a market capitalization of $8.68 billion, a price-to-earnings ratio of 13.64 and a beta of 0.38. ENGIE BRASIL EN/S has a 12-month low of $7.50 and a 12-month high of $12.96. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 1.34.

EGIEY has been the subject of a number of recent research reports. ValuEngine upgraded ENGIE BRASIL EN/S from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Goldman Sachs Group initiated coverage on ENGIE BRASIL EN/S in a research note on Thursday, November 14th. They set a “sell” rating for the company.

About ENGIE BRASIL EN/S

Engie Brasil Energia SA, together with its subsidiaries, generates and sells electrical energy in Brazil. It operates 31 plants, including 11 hydroelectric power plants; 7 thermal power plants, which comprise 3 coal, 3 biomass, and 1 natural gas power plants; 9 wind farms; 2 photovoltaic solar power plants; and 2 small hydroelectric plants in the states of Rio Grande do Sul, Santa Catarina, Paraná, São Paulo, Minas Gerais, Mato Grosso do Sul, Mato Grosso, Goiás, Tocantins, Maranhão, Piauí, and Ceará.

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