VOC Energy Trust (NYSE:VOC – Get Free Report) declared a quarterly dividend on Tuesday, October 20th. Investors of record on Friday, October 30th will be paid a dividend of $0.19 per share by the oil and gas producer on Friday, November 13th. This represents a $0.76 dividend on an annualized basis and a yield of 21.5%. The ex-dividend date of this dividend is Friday, October 30th. This is a 32.1% decrease from VOC Energy Trust’s previous quarterly dividend of $0.28.
VOC Energy Trust has increased its dividend payment by an average of 0.1% annually over the last three years.
VOC Energy Trust Price Performance
NYSE VOC traded up $0.13 on Wednesday, hitting $3.53. 179,636 shares of the stock were exchanged, compared to its average volume of 104,073. The business’s fifty day moving average is $3.36 and its 200 day moving average is $3.20. VOC Energy Trust has a 52 week low of $2.63 and a 52 week high of $3.84. The company has a market capitalization of $59.96 million, a PE ratio of 8.63 and a beta of 0.18.
VOC Energy Trust (NYSE:VOC – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The oil and gas producer reported $0.10 EPS for the quarter. The company had revenue of $1.70 million during the quarter. VOC Energy Trust had a net margin of 91.51% and a return on equity of 68.92%.
VOC Energy Trust Company Profile
VOC Energy Trust (NYSE:VOC) is a grantor trust that owns net profits interests in oil and natural gas properties located primarily in Kansas and Texas. The trust does not operate the properties directly; instead, it receives a share of the proceeds generated from the production and sale of oil and natural gas after specified operating and capital expenses.
The trust was established in 2010 in connection with a public offering of trust units. Its underlying assets consist of producing and developed oil and gas properties, with oil representing an important component of production.
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