VOC Energy Trust (VOC) Trading Down 8.8%
Shares of VOC Energy Trust (NYSE:VOC) were down 8.8% during mid-day trading 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 $53.38 million and a price-to-earnings ratio of 9.10. The stock has a 50 day moving average price of $3.31 and a 200-day moving average price of $3.05.
The business also recently announced a quarterly dividend, which will be paid on Friday, August 12th. Investors of record on Monday, August 1st will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 11.46%. This is an increase from VOC Energy Trust’s previous quarterly dividend of $0.05. 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.
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