VOC Energy Trust (NYSE:VOC)’s share price dropped 2.3% during trading on Thursday . The company traded as low as $2.98 and last traded at $2.98, with a volume of 74,676 shares. The stock had previously closed at $3.05.

The company has a 50-day moving average price of $3.23 and a 200 day moving average price of $3.09. The company has a market cap of $52.02 million and a P/E ratio of 10.03.

The company also recently declared a quarterly dividend, which was paid on Friday, August 12th. Shareholders of record on Monday, August 1st were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 11.76%. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.05. The ex-dividend date was Thursday, July 28th.

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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