Onex Co. (OTCMKTS:ONEXF) to Issue Dividend of $0.07

Onex Co. (OTCMKTS:ONEXF) announced a dividend on Wednesday, January 1st,investing.com reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0721 per share on Friday, January 31st. This represents a dividend yield of 0.37%. The ex-dividend date is Friday, January 10th.

Onex Price Performance

Shares of ONEXF opened at $78.64 on Thursday. The company has a market capitalization of $5.83 billion, a price-to-earnings ratio of 8.93 and a beta of 1.56. Onex has a fifty-two week low of $61.24 and a fifty-two week high of $85.07. The firm has a 50-day simple moving average of $78.67 and a 200-day simple moving average of $72.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.86 and a current ratio of 2.86.

Onex (OTCMKTS:ONEXF) last posted its quarterly earnings results on Friday, November 8th. The company reported $1.68 earnings per share (EPS) for the quarter. Onex had a net margin of 68.14% and a return on equity of 7.94%. The firm had revenue of $199.00 million during the quarter.

Wall Street Analyst Weigh In

Separately, TD Securities raised shares of Onex from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 12th.

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.