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. Stockholders of record on Monday, January 1st will be paid a dividend of 0.023 per share on Monday, January 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Thursday, December 28th. This is a positive change from Secure Energy Services’s previous monthly dividend of $0.02.

Shares of Secure Energy Services (SES) opened at C$8.66 on Wednesday. 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 price-to-earnings ratio of -66.62 and a beta of 1.31.

SES has been the subject of a number of research reports. 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 for the company in a research note on Wednesday, September 6th. TD Securities reaffirmed a “buy” rating and issued a C$12.00 price objective on shares of Secure Energy Services in a research note on Tuesday, October 3rd. GMP Securities lifted their price objective on Secure Energy Services from C$11.50 to C$13.00 in a research note on Monday, November 13th. Finally, Canaccord Genuity lifted their price objective on Secure Energy Services from C$11.00 to C$11.50 in a research note on Monday, November 13th.

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Secure Energy Services Company Profile

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.

Dividend History for Secure Energy Services (TSE:SES)

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