Ex-Div Reminder for Ensign Energy Services (ESI)

On 9/17/14, Ensign Energy Services Inc (TSX: ESI.TO) will trade ex-dividend, for its quarterly dividend of $0.1175, payable on 10/3/14. As a percentage of ESI's recent stock price of $15.01, this dividend works out to approximately 0.78%, so look for shares of Ensign Energy Services Inc to trade 0.78% lower — all else being equal — when ESI shares open for trading on 9/17/14.

Below is a dividend history chart for ESI, showing historical dividends prior to the most recent $0.1175 declared by Ensign Energy Services Inc:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ESI is likely to continue, and whether the current estimated yield of 3.13% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ESI shares, versus its 200 day moving average:

Ensign Energy Services Inc 200 Day Moving Average Chart

Looking at the chart above, ESI's low point in its 52 week range is $14.93 per share, with $18.34 as the 52 week high point — that compares with a last trade of $14.95.

In Monday trading, Ensign Energy Services Inc shares are currently down about 0.3% on the day.

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