VOC Energy Trust (VOC) Sees Large Volume Increase
VOC Energy Trust (NYSE:VOC) saw unusually-strong trading volume on Thursday . Approximately 108,380 shares traded hands 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 market capitalization of $57.29 million and a price-to-earnings ratio of 9.77. The stock’s 50 day moving average is $3.33 and its 200-day moving average is $3.02.
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Monday, August 1st will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 10.65%. The ex-dividend date of this dividend is Thursday, July 28th. This is an increase 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.