Secure Energy Services Inc (SES) Plans $0.02 Monthly Dividend

Secure Energy Services Inc (TSE:SES) declared a monthly dividend on Friday, September 28th, TickerTech reports. Shareholders of record on Monday, October 15th will be paid a dividend of 0.0225 per share on Monday, October 15th. This represents a $0.27 annualized dividend and a yield of 3.21%. The ex-dividend date is Friday, September 28th.

Shares of SES traded up C$0.12 during midday trading on Thursday, hitting C$8.41. The company’s stock had a trading volume of 85,355 shares, compared to its average volume of 365,016. Secure Energy Services has a one year low of C$6.98 and a one year high of C$9.82.

Secure Energy Services (TSE:SES) last issued its quarterly earnings results on Wednesday, August 1st. The company reported C($0.04) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of C($0.04). Secure Energy Services had a negative return on equity of 0.08% and a negative net margin of 0.03%. The company had revenue of C$719.92 million for the quarter, compared to analyst estimates of C$711.77 million.

Separately, Raymond James lifted their price target on Secure Energy Services from C$12.75 to C$14.50 in a research note on Thursday, August 2nd.

About Secure Energy Services

Secure Energy Services Inc provides integrated and specialized services to upstream oil and natural gas companies operating in the Western and the United States. The company's Processing, Recovery and Disposal division owns and operates midstream infrastructure that provides services, such as storing, shipping, clean oil terminalling, rail transloading, marketing of oil, treatment, oilfield waste processing, landfill disposal, and produced and waste water disposal, as well as the purchase and resale of oil.

Further Reading: What is a stock split?

Dividend History for Secure Energy Services (TSE:SES)

Receive News & Ratings for Secure Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Energy Services and related companies with's FREE daily email newsletter.

Leave a Reply