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

VOC Energy Trust (NYSE:VOC) announced a quarterly dividend on Tuesday, January 20th. Shareholders of record on Friday, January 30th will be paid a dividend of 0.09 per share by the oil and gas producer on Friday, February 13th. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date is Friday, January 30th.

VOC Energy Trust has increased its dividend by an average of 0.0%per year over the last three years.

VOC Energy Trust Price Performance

NYSE:VOC opened at $3.12 on Wednesday. VOC Energy Trust has a 12-month low of $2.44 and a 12-month high of $4.31. The business has a 50 day simple moving average of $2.87 and a 200 day simple moving average of $2.90. The firm has a market capitalization of $52.96 million, a P/E ratio of 6.11 and a beta of 0.33.

VOC Energy Trust (NYSE:VOC) last released its quarterly earnings results on Monday, November 10th. The oil and gas producer reported $0.11 earnings per share for the quarter. The company had revenue of $2.16 million for the quarter. VOC Energy Trust had a return on equity of 75.96% and a net margin of 87.74%.

Institutional Trading of VOC Energy Trust

An institutional investor recently raised its position in VOC Energy Trust stock. Janney Montgomery Scott LLC grew its position in VOC Energy Trust (NYSE:VOC) by 152.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 42,733 shares of the oil and gas producer’s stock after purchasing an additional 25,792 shares during the period. Janney Montgomery Scott LLC owned about 0.25% of VOC Energy Trust worth $122,000 at the end of the most recent reporting period.

About VOC Energy Trust

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.