Secure Energy Services (OTCMKTS:SECYF) Trading Up 0.5% – Here’s Why

Secure Energy Services Inc. (OTCMKTS:SECYFGet Free Report) traded up 0.5% during trading on Tuesday . The stock traded as high as $12.7150 and last traded at $12.51. 18,175 shares changed hands during trading, a decline of 51% from the average session volume of 36,755 shares. The stock had previously closed at $12.45.

Secure Energy Services Stock Up 0.5%

The company’s 50 day moving average price is $12.81 and its two-hundred day moving average price is $12.28.

Secure Energy Services Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 15th. Stockholders of record on Thursday, October 2nd were paid a dividend of $0.0724 per share. This represents a dividend yield of 203.0%. The ex-dividend date of this dividend was Wednesday, October 1st. Secure Energy Services’s payout ratio is currently 41.20%.

About Secure Energy Services

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Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.

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