Vermilion Energy Inc (VET) Declares Monthly Dividend of $0.22

Vermilion Energy Inc (TSE:VET) (NYSE:VET) announced a monthly dividend on Thursday, May 18th, TickerTech reports. Stockholders of record on Thursday, June 15th will be given a dividend of 0.215 per share on Thursday, June 15th. This represents a $2.58 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date is Thursday, May 18th.

Vermilion Energy (TSE VET) traded up 2.02% during midday trading on Friday, hitting $44.48. 519,149 shares of the stock were exchanged. The firm’s 50-day moving average is $45.54 and its 200 day moving average is $50.92. The stock’s market cap is $5.36 billion. Vermilion Energy has a 52 week low of $39.31 and a 52 week high of $58.98.

Dividend History for Vermilion Energy (TSE:VET)

In related news, insider Mona Jean Jasinski sold 6,500 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of C$46.90, for a total transaction of C$304,850.00. Over the last three months, insiders have sold 29,199 shares of company stock valued at $1,423,713.

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A number of brokerages have recently weighed in on VET. Scotiabank reaffirmed an “outperform” rating and issued a C$62.50 price target on shares of Vermilion Energy in a research note on Friday, April 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a C$56.00 price target on shares of Vermilion Energy in a research note on Monday, April 10th. TD Securities reduced their price target on shares of Vermilion Energy from C$60.00 to C$59.00 and set a “buy” rating for the company in a research note on Monday, May 1st. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$55.00 price target on shares of Vermilion Energy in a research note on Monday, May 1st. Finally, Barclays PLC reduced their price target on shares of Vermilion Energy from C$66.00 to C$64.00 in a research note on Monday, April 24th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Vermilion Energy has an average rating of “Buy” and an average target price of C$59.32.

About Vermilion Energy

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