VOC Energy Trust (NYSE:VOC – Get Free Report) declared a quarterly dividend on Monday, April 20th. Investors of record on Thursday, April 30th will be paid a dividend of 0.095 per share by the oil and gas producer on Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 11.3%. The ex-dividend date is Thursday, April 30th. This is a 5.6% increase from VOC Energy Trust’s previous quarterly dividend of $0.09.
VOC Energy Trust has raised its dividend payment by an average of 0.1%per year over the last three years.
VOC Energy Trust Price Performance
Shares of NYSE VOC opened at $3.36 on Tuesday. The company has a 50 day simple moving average of $3.34 and a 200 day simple moving average of $3.07. The firm has a market cap of $57.12 million, a PE ratio of 7.64 and a beta of 0.23. VOC Energy Trust has a 1 year low of $2.60 and a 1 year high of $3.84.
Analysts Set New Price Targets
A number of brokerages recently commented on VOC. Wall Street Zen raised VOC Energy Trust to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of VOC Energy Trust in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, VOC Energy Trust currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on VOC Energy Trust
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.
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