Energy Services of America Corporation provides contracting services for utilities and energy related companies in the United States. It constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works. The company also offers a range of electrical and mechanical installation, and repair services, including substation and switchyard, site preparation, equipment setting, pipe fabrication and installation, packaged buildings, transformers, and other ancillary works for the gas, petroleum power, chemical, water and sewer, and automotive industries. It provides liquid pipeline and pump station construction, production facility construction, water and sewer pipeline installation, and various maintenance and repair services, as well as other services related to pipeline construction. The company serves customers primarily in West Virginia, Virginia, Ohio, Pennsylvania, and Kentucky. Energy Services of America Corporation was incorporated in 2006 and is based in Huntington, West Virginia.
Energy Services of America Dividend Announcement
• Energy Services of America announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-13
• Energy Services of America annual dividend for 2024 was $0.03
• Energy Services of America annual dividend for 2023 was $0.11
• Energy Services of America's trailing twelve-month (TTM) dividend yield is 0.39%
• Energy Services of America's payout ratio for the trailing twelve months (TTM) is 8.23%
Energy Services of America Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.03 | semi annually | 2025-01-02 |
2023-12-14 | $0.06 | semi annually | 2024-01-02 |
2023-01-30 | $0.05 | semi annually | 2023-02-15 |
2019-12-20 | $0.05 | semi annually | 2019-12-31 |
2017-06-20 | $0.05 | semi annually | 2017-06-30 |
2016-06-13 | $0.05 | semi annually | 2016-06-30 |
Energy Services of America Dividend per year
Energy Services of America Dividend growth
Energy Services of America Dividend Yield
Energy Services of America current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Energy Services of America stock? Use our calculator to estimate your expected dividend yield:
Energy Services of America Financial Ratios
Energy Services of America Dividend FAQ
Other factors to consider when evaluating Energy Services of America as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Energy Services of America's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Energy Services of America publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Energy Services of America distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Energy Services of America are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Energy Services of America sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Energy Services of America distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Energy Services of America declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Energy Services of America's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Energy Services of America's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.