Secure Energy Services Inc (SES) to Issue Monthly Dividend of $0.02 on January 15th
Secure Energy Services Inc (TSE:SES) announced a monthly dividend on Thursday, November 9th, Zacks reports. Shareholders of record on Monday, January 1st will be given a dividend of 0.023 per share on Monday, January 15th. This represents a $0.28 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date is Thursday, December 28th. This is an increase from Secure Energy Services’s previous monthly dividend of $0.02.
Secure Energy Services (TSE:SES) traded down C$0.08 during trading on Friday, reaching C$8.66. The company’s stock had a trading volume of 272,600 shares, compared to its average volume of 354,053. Secure Energy Services has a one year low of C$6.96 and a one year high of C$12.04. The firm has a market capitalization of $1,410.00, a PE ratio of -66.62 and a beta of 1.31.
A number of analysts have weighed in on SES shares. TD Securities restated a “buy” rating and issued a C$12.00 price target on shares of Secure Energy Services in a research note on Tuesday, October 3rd. Canaccord Genuity raised their price target on Secure Energy Services from C$11.00 to C$11.50 in a research note on Monday, November 13th. Raymond James Financial dropped their price objective on Secure Energy Services from C$13.00 to C$12.75 and set a “strong-buy” rating on the stock in a report on Wednesday, September 6th. Finally, GMP Securities raised their price objective on Secure Energy Services from C$11.50 to C$13.00 in a report on Monday, November 13th.
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About Secure Energy Services
Secure Energy Services Inc is a Canada-based energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.
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