VOC Energy Trust (VOC) To Go Ex-Dividend on October 29th

VOC Energy Trust (NYSE:VOC) announced a quarterly dividend on Thursday, October 18th, NASDAQ reports. Stockholders of record on Tuesday, October 30th will be given a dividend of 0.22 per share by the oil and gas producer on Wednesday, November 14th. This represents a $0.88 annualized dividend and a dividend yield of 17.05%. The ex-dividend date of this dividend is Monday, October 29th. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.20.

VOC Energy Trust has decreased its dividend by an average of 35.6% annually over the last three years.

VOC Energy Trust stock opened at $5.16 on Friday. VOC Energy Trust has a 52-week low of $3.23 and a 52-week high of $6.66. The firm has a market capitalization of $87.72 million, a PE ratio of 10.32 and a beta of 1.18.

VOC Energy Trust (NYSE:VOC) last released its quarterly earnings data on Friday, August 10th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter. VOC Energy Trust had a net margin of 91.56% and a return on equity of 10.97%. The company had revenue of $3.28 million during the quarter.

VOC Energy Trust Company Profile

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has a 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2017, its underlying properties had interests in 492.5 net producing wells and 55,736.9 net acres; and had proved reserves of approximately 3.4 million barrels of oil equivalent (MMBoe) attributable to the portion of the Kansas underlying properties, and approximately 4.6 MMBoe attributable to the Texas underlying properties.

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Dividend History for VOC Energy Trust (NYSE:VOC)

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