Essential Energy Services Stock

Essential Energy Services Dividend 2024

Essential Energy Services Dividend

0.05 CAD

Essential Energy Services Dividend yield

0.75 %

Ticker

ESN.TO

ISIN

CA29669R1010

WKN

A1CWZB

How much dividend does Essential Energy Services 2024 pay?

According to the latest status from November 2024, Essential Energy Services paid a total of 0.05 CAD per share in dividends within the last 12 months. With the current Essential Energy Services price of 0.4 CAD, this corresponds to a dividend yield of 12.07 %. A dividend is paid times per year.

0.75 % Dividend Yield=
0 CAD Dividend
0.4 CAD Stock Price

Historical Essential Energy Services Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend
4/29/20160
1/29/20160
10/28/20150.02
7/26/20150.03
4/27/20150.03
1/29/20150.03
10/26/20140.03
7/26/20140.03
4/27/20140.03
1/27/20140.03
10/26/20130.03
7/26/20130.03
4/26/20130.03
1/27/20130.03
10/26/20120.03
7/27/20120.03
4/28/20120.03
10/28/20090.01
7/26/20090.01
4/27/20090
1
2
3

Essential Energy Services dividend history and estimates

In 2023, Essential Energy Services paid a dividend amounting to 0.05 CAD. Dividend means that Essential Energy Services distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Essential Energy Services provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Essential Energy Services’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Essential Energy Services's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Essential Energy Services Dividend History

DateEssential Energy Services Dividend
20160 undefined
20150.08 undefined
20140.12 undefined
20130.11 undefined
20120.1 undefined
20090.05 undefined
20080.36 undefined
20070.93 undefined
20060.58 undefined

Is the Essential Energy Services Dividend Safe?

Essential Energy Services has been increasing the dividend for 1 years.

Over the past 10 years, Essential Energy Services has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Essential Energy Services dividend payout ratio

In 2023, Essential Energy Services had a payout ratio of 59.75%. The payout ratio indicates the percentage of the company's profits that Essential Energy Services distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Essential Energy Services represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Essential Energy Services could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Essential Energy Services's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Essential Energy Services Payout Ratio History

DateEssential Energy Services Payout ratio
2025e59.7 %
2024e59.68 %
2023e59.75 %
202259.68 %
202159.59 %
202059.99 %
201959.47 %
201859.31 %
201761.2 %
2016-0.43 %
2015-45.88 %
2014-66.67 %
201357.89 %
201258.82 %
201166.89 %
201083.94 %
2009-33.31 %
2008-101.43 %
2007-83.04 %
2006135.12 %
200583.94 %

Dividend Details

Understanding Essential Energy Services's Dividend Distributions

Essential Energy Services’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Essential Energy Services's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Essential Energy Services's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Essential Energy Services’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Essential Energy Services Aktienanalyse

What does Essential Energy Services do?

Essential Energy Services Ltd is a Canadian company that has been successfully operating in the energy supply sector for over 30 years. It is headquartered in Calgary, Alberta, and has branches and locations throughout Canada to serve its customers in all provinces. The company began in 1987 when a small team of professionals decided to pool their experience and knowledge and offer their own services. Over time, the company expanded its business areas and grew its customer base. Today, Essential Energy Services Ltd is a diversified company operating in multiple business segments. Its core business is supporting the oil and gas industry in the exploration, extraction, and production of resources. Services include manufacturing, completion, equipment, maintenance and repair of drilling equipment and tools, as well as coatings and chemical treatments to enhance productivity. The company is divided into three divisions: Well Services, Downhole Tools, and Rentals. Each division has its own specialists and team members who utilize the industry's best practices and technologies to provide high-quality services to their customers. Well Services include services such as coil tubing, fracturing, and acidizing, which are used in wellbore preparation and cleaning, drilling equipment and maintenance, and oil and gas production. The company has a wide range of modern equipment and certified professionals capable of safely and effectively handling even the most demanding projects. Downhole Tools offers a wide range of high-performance drilling tools for use in various applications, from wellbore completion to production optimization. The product range includes tools for measuring wellbore parameters, controlling wellbore alignment, tools for wellbore stabilization and cleaning, as well as for casing tubing. These innovative tools are constantly being developed by Essential Energy Services engineers paired with comprehensive training for users. The Rentals business offers a variety of equipment for wellbores and production facilities. The company has a large number of modern machines and devices for wellbore preparation as well as extensive production equipment. This equipment is rented to customers for either short or long-term use. In addition to the above-mentioned divisions, Essential Energy Services Ltd also offers a range of supporting services and products, such as comprehensive production and service plans, chemical treatments, and training for safety and techniques. Overall, Essential Energy Services has built its business model to be able to offer customized solutions to meet its customers' specific requirements, providing them with high business profitability, efficiency, and safety. The company places great importance on innovation, training, and employee safety, and constantly monitors its business processes to ensure it adheres to the highest standards in the industry. Overall, Essential Energy Services is a strong company with a wide range of business portfolios that can respond to the needs of its customers in the fast-paced energy industry. Essential Energy Services is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Essential Energy Services stock

How much dividend does Essential Energy Services pay?

Over the past 12 months, Essential Energy Services paid a dividend of 0 CAD . This corresponds to a dividend yield of about 0.75 %. For the coming 12 months, Essential Energy Services is expected to pay a dividend of 0.05 CAD.

What is the dividend yield of Essential Energy Services?

The current dividend yield of Essential Energy Services is 0.75 %.

When does Essential Energy Services pay dividends?

Essential Energy Services pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Essential Energy Services?

Essential Energy Services paid dividends every year for the past 0 years.

What is the dividend of Essential Energy Services?

For the upcoming 12 months, dividends amounting to 0.05 CAD are expected. This corresponds to a dividend yield of 12.07 %.

In which sector is Essential Energy Services located?

Essential Energy Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Essential Energy Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Essential Energy Services from 4/15/2016 amounting to 0.003 CAD, you needed to have the stock in your portfolio before the ex-date on 3/29/2016.

When did Essential Energy Services pay the last dividend?

The last dividend was paid out on 4/15/2016.

What was the dividend of Essential Energy Services in the year 2023?

In the year 2023, Essential Energy Services distributed 0 CAD as dividends.

In which currency does Essential Energy Services pay out the dividend?

The dividends of Essential Energy Services are distributed in CAD.

Andere Kennzahlen von Essential Energy Services

Our stock analysis for Essential Energy Services Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Essential Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.