Secure Energy Services Inc. (TSE:SES) to Issue $0.10 Quarterly Dividend

Key Points

• Secure Energy Services Inc. declared a quarterly dividend of $0.10 per share, set to be paid on October 15th to investors of record as of October 1st, reflecting a yield of 2.4%.
• The company's stock saw a 0.7% increase, trading at C$16.74 with a market cap of C$3.68 billion and a P/E ratio of 18.40 as of midday trading.
• Secure Energy Services operates primarily in the oil and gas industry, providing midstream infrastructure and environmental management solutions across Canada and parts of the U.S.

Secure Energy Services Inc. (TSE:SES - Get Free Report) announced a quarterly dividend on Monday, September 15th, RTT News reports. Stockholders of record on Wednesday, October 1st will be paid a dividend of 0.10 per share on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%.

Secure Energy Services Stock Up 3.2%

Shares of Secure Energy Services stock traded up C$0.56 on Friday, reaching C$18.02. 4,423,533 shares of the company were exchanged, compared to its average volume of 771,573. Secure Energy Services has a one year low of C$11.89 and a one year high of C$18.10. The company has a market capitalization of C$3.96 billion, a price-to-earnings ratio of 19.80, a PEG ratio of 0.17 and a beta of 0.84. The company has a current ratio of 1.13, a quick ratio of 1.10 and a debt-to-equity ratio of 48.24. The company has a 50-day moving average of C$16.34 and a 200 day moving average of C$15.08.

Secure Energy Services Company Profile

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.