VOC Energy Trust (VOC) Stock Price Down 4.5%
Shares of VOC Energy Trust (NYSE:VOC) dropped 4.5% on Tuesday . The company traded as low as $3.32 and last traded at $3.36, with a volume of 55,205 shares trading hands. The stock had previously closed at $3.52.
The firm’s 50 day moving average price is $3.32 and its 200-day moving average price is $3.01. The firm has a market cap of $57.12 million and a price-to-earnings ratio of 9.74.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Monday, August 1st will be given a $0.09 dividend. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.05. This represents a $0.36 dividend on an annualized basis and a dividend yield of 10.71%. The ex-dividend date of this dividend is 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.