Energy Services of America Co. (ESOA) to Issue Quarterly Dividend of $0.03 on January 2nd

Energy Services of America Co. (NASDAQ:ESOA) declared a quarterly dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.03 per share on Thursday, January 2nd. This represents a $0.12 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from Energy Services of America’s previous quarterly dividend of $0.02.

Energy Services of America Stock Down 2.2 %

Shares of Energy Services of America stock opened at $15.15 on Wednesday. The company has a fifty day moving average of $12.58 and a 200-day moving average of $9.70. Energy Services of America has a 52-week low of $3.46 and a 52-week high of $16.97.

Insider Activity at Energy Services of America

In other Energy Services of America news, Director Jack M. Reynolds sold 25,000 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $10.30, for a total value of $257,500.00. Following the sale, the director now owns 408,385 shares in the company, valued at approximately $4,206,365.50. This represents a 5.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Samuel G. Kapourales sold 50,000 shares of Energy Services of America stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $10.10, for a total transaction of $505,000.00. Following the transaction, the director now owns 714,191 shares of the company’s stock, valued at $7,213,329.10. The trade was a 6.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 44.68% of the stock is owned by corporate insiders.

Energy Services of America Company Profile

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.