Energy Services of America (ESOA) has announced a cash dividend of $0.030 per share, with the ex-dividend date set for Jul 3, 2025, and the dividend payment date scheduled for Jul 15, 2025. This marks a consistent dividend payout as the previous dividend on Apr 15, 2025, was also $0.030 per share. However, this dividend is lower than the average of the last ten dividends, which stood at $0.043 per share. The announcement was made on Jun 18, 2025, reflecting the company's continued commitment to shareholder returns through cash dividends.
Recently,
of America (ESOA) has been the subject of several noteworthy developments. Analysts have provided a longer-term trading plan for ESOA, suggesting a buy near $7.98 with a target of $11.07 and a stop loss at $7.96. This strategic insight aligns with the technical summary data indicating a bullish outlook in the intermediate term. Furthermore, ESOA reported substantial revenue growth in the fiscal year ending Sept 30, 2024, with annual revenue reaching $351.88 million, reflecting a growth rate of 15.71%. This financial performance underscores the company's robust operational framework and highlights its position within the engineering and construction industry. Over the past week, the sector has witnessed indices nearing all-time highs, symbolizing recovery from earlier declines in the year. Although some stocks peaked late in 2024, the advance/decline lines have shown resilience, suggesting potential for further growth.
In conclusion, Energy Services of America continues to maintain steady dividend payouts while demonstrating strong revenue growth and positive trading prospects. The upcoming ex-dividend date on Jul 3, 2025, is crucial for investors, as it represents the last opportunity to purchase shares eligible for this dividend cycle. Any purchases made after this date will not qualify for the current dividend distribution.
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