Essential Energy Services About To Put More Money In Your Pocket (ESN)

On 9/26/14, Essential Energy Services Ltd. (TSX: ESN.TO) will trade ex-dividend, for its quarterly dividend of $0.03, payable on 10/15/14. As a percentage of ESN's recent stock price of $2.50, this dividend works out to approximately 1.20%, so look for shares of Essential Energy Services Ltd. to trade 1.20% lower — all else being equal — when ESN shares open for trading on 9/26/14.

Below is a dividend history chart for ESN, showing historical dividends prior to the most recent $0.03 declared by Essential Energy Services Ltd.:

ESN+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ESN is likely to continue, and whether the current estimated yield of 4.80% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ESN shares, versus its 200 day moving average:

Essential Energy Services Ltd. 200 Day Moving Average Chart

Looking at the chart above, ESN's low point in its 52 week range is $2.28 per share, with $3.25 as the 52 week high point — that compares with a last trade of $2.50.

In Wednesday trading, Essential Energy Services Ltd. shares are currently trading flat on the day.

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