ONEX Corporation (OTCMKTS:ONEXF) Increases Dividend to $0.07 Per Share

Key Points

• ONEX Corporation has announced an increase in its dividend to $0.07 per share, representing a 1.2% increase from the previous dividend of $0.07.
• The ex-dividend date is set for Friday, October 10th, and the dividend will be distributed on October 31st to investors of record as of October 13th.
• As of the time of the announcement, ONEXF's stock is priced at $89.49, with a market capitalization of $6.14 billion and a PE ratio of 12.23.

ONEX Corporation (OTCMKTS:ONEXF - Get Free Report) announced a dividend on Wednesday, October 1st, investing.com reports. Investors of record on Monday, October 13th will be given a dividend of 0.0727 per share on Friday, October 31st. This represents a yield of 32.0%. The ex-dividend date of this dividend is Friday, October 10th. This is a 1.2% increase from ONEX's previous dividend of $0.07.

ONEX Price Performance

ONEXF opened at $89.49 on Wednesday. The stock has a market capitalization of $6.14 billion, a PE ratio of 12.23 and a beta of 1.35. The firm's fifty day moving average price is $85.07 and its 200 day moving average price is $77.68. ONEX has a 12-month low of $60.72 and a 12-month high of $89.95.

ONEX (OTCMKTS:ONEXF - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $3.30 earnings per share (EPS) for the quarter. The firm had revenue of $325.00 million for the quarter. ONEX had a net margin of 61.92% and a return on equity of 6.12%.

ONEX Company Profile

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.

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