VOC Energy Trust (VOC) Sees Strong Trading Volume
Shares of VOC Energy Trust (NYSE:VOC) saw strong trading volume on Thursday . 108,380 shares were traded during trading, an increase of 116% from the previous session’s volume of 50,224 shares.The stock last traded at $3.36 and had previously closed at $3.51.
The firm has a 50-day moving average of $3.34 and a 200-day moving average of $3.02. The stock has a market cap of $57.63 million and a price-to-earnings ratio of 9.83.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 12th. Investors of record on Monday, August 1st will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, July 28th. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.05. This represents a $0.36 annualized dividend and a yield of 10.62%.
VOC Energy Trust is a statutory trust formed by VOC Brazos Energy Partners, L.P. (VOC Brazos). The business and affairs of the Company are managed by The Bank of New York Mellon Trust Company, N.A., as trustee. The Company was created to acquire and hold the net profits interest for the benefit of its unitholders.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.