Secure Energy Services Dividends and Buybacks
Dividend criteria checks 5/6
Secure Energy Services is a dividend paying company with a current yield of 2.5% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
2.5%
Dividend yield
16.6%
Buyback Yield
| Total Shareholder Yield | 19.1% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 8.5% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.400 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Secure Energy Services (TSE:SES) Is Paying Out A Dividend Of CA$0.10
Sep 23
Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10
Jun 21Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10
Mar 21Recent updates
We Think Shareholders Should Be Aware Of Some Factors Beyond Secure Energy Services' (TSE:SES) Profit
Nov 06Improved Earnings Required Before Secure Energy Services Inc. (TSE:SES) Stock's 31% Jump Looks Justified
Nov 02Secure Energy Services (TSE:SES) Is Paying Out A Dividend Of CA$0.10
Sep 23Is Secure Energy Services (TSE:SES) Using Too Much Debt?
Jul 25Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10
Jun 21We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability
May 03A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)
Apr 07Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10
Mar 21There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price
Feb 12Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)
Jan 05Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%
Dec 12Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly
Nov 30Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking
Oct 30Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet
Aug 27Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?
Jun 08The Return Trends At Secure Energy Services (TSE:SES) Look Promising
Mar 20Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate
Feb 03Is Secure Energy Services (TSE:SES) A Risky Investment?
Jan 04Secure Energy Services Inc.'s (TSE:SES) Intrinsic Value Is Potentially 59% Above Its Share Price
Aug 31Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SES's dividends per share have been stable in the past 10 years.
Growing Dividend: SES's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Secure Energy Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SES) | 2.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.9% |
| Analyst forecast (SES) (up to 3 years) | 2.6% |
Notable Dividend: SES's dividend (2.5%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: SES's dividend (2.5%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.7%), SES's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.1%), SES's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Secure Energy Services Inc. is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Capital Markets |
| John Gibson | BMO Capital Markets Equity Research |
| Anthony Petrucci | Canaccord Genuity |