Secure Energy Services Dividend
Dividend criteria checks 5/6
Secure Energy Services is a dividend paying company with a current yield of 3.53% that is well covered by earnings. Next payment date is on 15th April, 2024 with an ex-dividend date of 28th March, 2024.
Key information
3.5%
Dividend yield
61%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | 15 Apr 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | CA$0.70 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Secure 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 31Are Investors Undervaluing Secure Energy Services Inc. (TSE:SES) By 36%?
May 11Analysts Just Shipped A Substantial Upgrade To Their Secure Energy Services Inc. (TSE:SES) Estimates
Jul 30Would Secure Energy Services (TSE:SES) Be Better Off With Less Debt?
May 17Here's Why Shareholders Should Examine Secure Energy Services Inc.'s (TSE:SES) CEO Compensation Package More Closely
Apr 21What Type Of Shareholders Make Up Secure Energy Services Inc.'s (TSE:SES) Share Registry?
Mar 17Upcoming 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) | 3.5% |
Market Bottom 25% (CA) | 2.0% |
Market Top 25% (CA) | 6.3% |
Industry Average (Energy Services) | 3.0% |
Analyst forecast in 3 Years (SES) | 3.7% |
Notable Dividend: SES's dividend (3.53%) is higher than the bottom 25% of dividend payers in the Canadian market (1.97%).
High Dividend: SES's dividend (3.53%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.7%), SES's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.2%), SES's dividend payments are well covered by cash flows.