Secure Energy Services Inc (SES) Plans Monthly Dividend of $0.02
Secure Energy Services Inc (TSE:SES) declared a monthly dividend on Friday, September 15th, Zacks reports. Stockholders of record on Sunday, October 1st will be paid a dividend of 0.021 per share on Monday, October 16th. This represents a $0.25 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Thursday, September 28th.
Shares of Secure Energy Services (TSE SES) traded up 2.52% during trading on Friday, hitting $8.54. 1,035,349 shares of the stock traded hands. Secure Energy Services has a 1-year low of $6.96 and a 1-year high of $12.04. The stock has a 50 day moving average price of $7.78 and a 200-day moving average price of $8.92. The stock’s market cap is $1.39 billion.
A number of equities research analysts have recently commented on SES shares. Canaccord Genuity lowered their target price on Secure Energy Services from C$13.25 to C$11.00 in a research note on Tuesday, July 11th. Raymond James Financial, Inc. boosted their price objective on Secure Energy Services from C$12.90 to C$13.00 and gave the company a “strong-buy” rating in a research note on Wednesday, August 2nd.
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In other Secure Energy Services news, insider Rene Amirault sold 6,640 shares of Secure Energy Services stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of C$7.40, for a total transaction of C$49,136.00. Insiders sold a total of 8,003 shares of company stock worth $59,296 over the last 90 days.
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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