READING, PA — EnerSys, a leading global provider of stored energy solutions, has announced a quarterly cash dividend of $0.225 per share of common stock. The dividend will be payable on June 28, 2024, to shareholders recorded as of June 14, 2024.
EnerSys specializes in designing, manufacturing, and distributing energy systems and motive power batteries. These products serve a wide range of industries, including telecommunications, broadband, utilities, aerospace, defense, and electric vehicles.
The company operates through four main business lines: Energy Systems, Motive Power, Specialty, and New Ventures. Energy Systems combine power conversion, power distribution, energy storage, and enclosures. These systems are essential for telecommunication and utility industries, among others. Motive Power batteries and chargers cater to electric forklift trucks and other industrial electric vehicles. Specialty batteries support applications in aerospace, defense, medical, and premium automotive sectors. New Ventures focuses on innovative energy storage and management systems, addressing needs such as utility backup power and fast charging for electric vehicles.
EnerSys also provides aftermarket and customer support services in over 100 countries through its extensive sales and manufacturing network. This global presence helps the company maintain its leadership in the energy solutions market.
The declaration of the quarterly dividend highlights EnerSys’ financial stability and commitment to returning value to shareholders. As the company continues to innovate and expand its product offerings, it remains well-positioned to meet growing global demand for advanced energy solutions.
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