VOC Energy Trust (VOC) To Go Ex-Dividend on July 30th

VOC Energy Trust (NYSE:VOC) declared a quarterly dividend on Monday, July 20th. Shareholders of record on Thursday, July 30th will be given a dividend of 0.28 per share by the oil and gas producer on Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 33.2%. The ex-dividend date is Thursday, July 30th. This is a 194.7% increase from VOC Energy Trust’s previous quarterly dividend of $0.10.

VOC Energy Trust has raised its dividend by an average of 0.1%per year over the last three years.

VOC Energy Trust Price Performance

NYSE VOC opened at $3.37 on Tuesday. VOC Energy Trust has a 1 year low of $2.60 and a 1 year high of $3.84. The firm has a market cap of $57.29 million, a price-to-earnings ratio of 7.66 and a beta of 0.13. The company has a fifty day moving average price of $3.00 and a 200-day moving average price of $3.15.

VOC Energy Trust (NYSE:VOC) last announced its earnings results on Wednesday, May 13th. The oil and gas producer reported $0.09 EPS for the quarter. VOC Energy Trust had a net margin of 90.03% and a return on equity of 71.27%. The company had revenue of $1.59 million during the quarter.

VOC Energy Trust Company Profile

VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC’s structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.

The trust’s asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.