Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, and water hauling, as well as well site construction services. The company owns and operates a fleet of approximately 318 specialized trucks, trailers, frac tanks, and other well-site related equipment. It operates in the eastern United States region comprising the southern region of the Marcellus Shale formation and the Utica Shale formation in eastern Ohio; Rocky Mountain region consisting of western Colorado and southern Wyoming, central Wyoming, western North Dakota, and eastern Montana; and the Central United States region, including Eagle Ford Shale and East Texas Oilfield in Texas. Enservco Corporation was incorporated in 1980 and is headquartered in Longmont, Colorado.
Enservco Dividend Announcement
• Enservco announced a annually dividend of $0.73 per ordinary share which will be made payable on . Ex dividend date: 2009-12-03
• Enservco's trailing twelve-month (TTM) dividend yield is -%
Enservco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2009-12-03 | $0.73 | annually | |
2006-11-16 | $0.05 | annually | 2006-12-06 |
Enservco Dividend per year
Enservco Dividend Yield
Enservco current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Enservco stock? Use our calculator to estimate your expected dividend yield:
Enservco Financial Ratios
Enservco Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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