VOC Energy Trust (VOC) Shares Down 8.8%
VOC Energy Trust (NYSE:VOC) traded down 8.8% on Tuesday . The company traded as low as $3.02 and last traded at $3.02, with a volume of 58,839 shares. The stock had previously closed at $3.31.
The stock has a market cap of $51.51 million and a price-to-earnings ratio of 8.78. The firm has a 50 day moving average price of $3.33 and a 200-day moving average price of $3.04.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Monday, August 1st will be issued a $0.09 dividend. The ex-dividend date 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 dividend on an annualized basis and a dividend yield of 11.88%.
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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