Secure Energy Services Inc.

TSX:SES Stock Report

Market Cap: CA$3.0b

Secure Energy Services Dividend

Dividend criteria checks 5/6

Secure Energy Services is a dividend paying company with a current yield of 3.51% that is well covered by earnings.

Key information

3.5%

Dividend yield

21%

Payout ratio

Industry average yield2.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCA$2.14
Dividend yield forecast in 3Y3.6%

Recent dividend updates

Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

Mar 21
Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

Recent updates

We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability

May 03
We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability

A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)

Apr 07
A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)

Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

Mar 21
Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10

There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price

Feb 12
There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price

Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)

Jan 05
Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)

Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%

Dec 12
Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%

Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly

Nov 30
Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly

Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking

Oct 30
Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking

Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet

Aug 27
Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet

Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?

Jun 08
Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?

The Return Trends At Secure Energy Services (TSE:SES) Look Promising

Mar 20
The Return Trends At Secure Energy Services (TSE:SES) Look Promising

Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate

Feb 03
Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate

Is Secure Energy Services (TSE:SES) A Risky Investment?

Jan 04
Is Secure Energy Services (TSE:SES) A Risky Investment?

Secure Energy Services Inc.'s (TSE:SES) Intrinsic Value Is Potentially 59% Above Its Share Price

Aug 31
Secure Energy Services Inc.'s (TSE:SES) Intrinsic Value Is Potentially 59% Above Its Share Price

Are Investors Undervaluing Secure Energy Services Inc. (TSE:SES) By 36%?

May 11
Are Investors Undervaluing Secure Energy Services Inc. (TSE:SES) By 36%?

Analysts Just Shipped A Substantial Upgrade To Their Secure Energy Services Inc. (TSE:SES) Estimates

Jul 30
Analysts Just Shipped A Substantial Upgrade To Their Secure Energy Services Inc. (TSE:SES) Estimates

Would Secure Energy Services (TSE:SES) Be Better Off With Less Debt?

May 17
Would Secure Energy Services (TSE:SES) Be Better Off With Less Debt?

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
How does SES dividend yield compare to the market?
SegmentDividend Yield
Company (SES)3.5%
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.3%
Industry Average (Energy Services)2.8%
Analyst forecast in 3 Years (SES)3.6%

Notable Dividend: SES's dividend (3.51%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).

High Dividend: SES's dividend (3.51%) is low compared to the top 25% of dividend payers in the Canadian market (6.32%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.6%), SES's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (63.8%), SES's dividend payments are covered by cash flows.


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