CES Energy Solutions Corp. (OTCMKTS:CESDF) Declares Dividend of $0.01

CES Energy Solutions Corp. (OTCMKTS:CESDFGet Rating) announced a dividend on Thursday, September 22nd, investing.com reports. Shareholders of record on Friday, September 30th will be paid a dividend of 0.012 per share on Friday, October 14th. This represents a yield of 2.71%. The ex-dividend date of this dividend is Thursday, September 29th.

CES Energy Solutions Stock Performance

Shares of CESDF stock opened at $1.71 on Friday. CES Energy Solutions has a 1 year low of $1.18 and a 1 year high of $2.48. The stock’s 50 day simple moving average is $1.94 and its two-hundred day simple moving average is $1.96.

Analyst Ratings Changes

A number of brokerages have issued reports on CESDF. Canaccord Genuity Group decreased their price objective on CES Energy Solutions from C$4.25 to C$3.75 in a research report on Friday, August 19th. BMO Capital Markets upped their target price on CES Energy Solutions from C$3.50 to C$4.00 in a research note on Friday, August 12th. Royal Bank of Canada upped their target price on CES Energy Solutions from C$3.50 to C$4.00 in a research note on Friday, August 12th. Stifel Nicolaus upped their target price on CES Energy Solutions from C$3.75 to C$4.50 in a research note on Friday, August 12th. Finally, TD Securities upped their target price on CES Energy Solutions from C$5.00 to C$5.50 in a research note on Friday, August 12th. Eight investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $3.93.

About CES Energy Solutions

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CES Energy Solutions Corp., together with its subsidiaries, designs, implements, and manufactures advanced consumable fluids and specialty chemicals. It provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. The company's solutions include corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialty products.

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Dividend History for CES Energy Solutions (OTCMKTS:CESDF)

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