Secure Energy Services Inc (SES) to Issue Monthly Dividend of $0.02 on November 15th

Secure Energy Services Inc (TSE:SES) declared a monthly dividend on Wednesday, October 31st, TickerTech reports. Stockholders of record on Thursday, November 15th will be paid a dividend of 0.0225 per share on Thursday, November 15th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Wednesday, October 31st.

Shares of SES stock traded up C$0.21 during mid-day trading on Tuesday, reaching C$8.16. The company’s stock had a trading volume of 160,956 shares, compared to its average volume of 352,293. Secure Energy Services has a 1-year low of C$6.98 and a 1-year high of C$9.82.

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

A number of brokerages have commented on SES. CIBC decreased their price objective on shares of Secure Energy Services from C$13.00 to C$10.50 in a report on Tuesday, October 16th. Raymond James increased their price objective on shares of Secure Energy Services from C$12.75 to C$14.50 in a report 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.

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Dividend History for Secure Energy Services (TSE:SES)

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