Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Energizer Holdings, Inc. > News item |
Moody's affirms Energizer
Moody's Investors Service said it affirmed Energizer Holdings, Inc.'s Baa3 senior unsecured ratings.
The outlook is stable.
Moody's said the affirmation follows the company's announcement that its board of directors approved the initiation of a $1.60 annual dividend.
The affirmation of the company's Baa3 ratings reflects Moody's expectation that financial policies will remain conservative despite using a portion of its available free cash flow to fund an annual dividend to its shareholders, the agency said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.