VOC Energy Trust (NYSE:VOC) traded down 2.3% on Thursday . The company traded as low as $2.98 and last traded at $2.98, with a volume of 74,676 shares changing hands. The stock had previously closed at $3.05.

The stock has a market cap of $50.70 million and a price-to-earnings ratio of 9.7780. The firm’s 50 day moving average price is $3.24 and its 200 day moving average price is $3.09.

The company also recently declared a quarterly dividend, which was paid on Friday, August 12th. Stockholders of record on Monday, August 1st were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Thursday, July 28th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 12.04%. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.05.

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.

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