Energy Services of America Co. (NASDAQ:ESOA) to Issue Quarterly Dividend of $0.03

Energy Services of America Co. (NASDAQ:ESOAGet Free Report) announced a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.03 per share on Tuesday, April 15th. This represents a $0.12 annualized dividend and a yield of 1.27%. The ex-dividend date is Monday, March 31st.

Energy Services of America Price Performance

Shares of ESOA stock traded down $0.22 during trading hours on Friday, reaching $9.42. 98,969 shares of the company were exchanged, compared to its average volume of 273,152. Energy Services of America has a fifty-two week low of $5.70 and a fifty-two week high of $19.83. The stock’s fifty day moving average is $10.92 and its two-hundred day moving average is $11.84.

Energy Services of America (NASDAQ:ESOAGet Free Report) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.05).

Insider Activity at Energy Services of America

In other Energy Services of America news, Director Mark Prince purchased 21,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was acquired at an average cost of $10.96 per share, with a total value of $230,160.00. Following the completion of the purchase, the director now directly owns 100,071 shares in the company, valued at approximately $1,096,778.16. This represents a 26.56 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 44.68% of the stock is owned by company insiders.

Energy Services of America Company Profile

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Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company 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.

Further Reading

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