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 paid a dividend of 0.023 per share on Monday, January 15th. This represents a $0.28 annualized dividend and a 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) traded down C$0.08 during midday 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 12-month low of C$6.96 and a 12-month 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.
Several analysts have issued reports on SES shares. Canaccord Genuity upped their price objective on Secure Energy Services from C$11.00 to C$11.50 in a research note on Monday, November 13th. TD Securities upped their price objective on Secure Energy Services from C$12.00 to C$12.50 and gave the company a “buy” rating in a research note on Friday, November 10th. GMP Securities upped their price objective on Secure Energy Services from C$11.50 to C$13.00 in a research note on Monday, November 13th. Finally, Raymond James Financial cut 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 research note on Wednesday, September 6th.
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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