|Bid||19.27 x 0|
|Ask||19.32 x 0|
|Day's Range||19.12 - 19.66|
|52 Week Range||8.71 - 22.74|
|Beta (5Y Monthly)||1.56|
|PE Ratio (TTM)||16.22|
|Earnings Date||Feb 26, 2021 - Mar 02, 2021|
|Forward Dividend & Yield||1.00 (5.09%)|
|Ex-Dividend Date||Jan 22, 2021|
|1y Target Est||22.06|
Moody's Investors Service, ("Moody's") today upgraded the Issuer Rating of SEMCO Energy, Inc. (SEMCO) to A3 from Baa1 and assigned an A1 senior secured rating to SEMCO's First Mortgage Bonds. "The rating upgrade reflects our expectation that SEMCO's operations in credit supportive regulatory environments, manageable capital expenditures and good cash flow generation will support continued strong financial metrics in line with those of A3 rated peers" stated Nana Hamilton, Assistant Vice President. The A1 senior secured rating assigned to SEMCO's first mortgage bonds is two notches above the company's A3 Issuer Rating which reflects the senior position of the first mortgage bonds in the regulated utility's capital structure and lower loss given default vis-a-vis senior unsecured debt.
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