VOC Energy Trust (NYSE:VOC) to Issue $0.09 Quarterly Dividend


VOC Energy Trust (NYSE:VOC) to Issue $0.09 Quarterly Dividend

VOC Energy Trust (NYSE:VOC - Get Free Report) declared a quarterly dividend on Tuesday, January 21st,Wall Street Journal reports. Shareholders of record on Thursday, January 30th will be given a dividend of 0.085 per share by the oil and gas producer on Thursday, February 13th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 7.91%. The ex-dividend date is Thursday, January 30th.

Shares of VOC Energy Trust stock traded down $0.79 during midday trading on Tuesday, hitting $4.30. The company had a trading volume of 321,650 shares, compared to its average volume of 71,541. The stock has a market capitalization of $73.10 million, a P/E ratio of 5.51 and a beta of 0.87. The company has a 50 day moving average of $4.91 and a 200 day moving average of $4.98. VOC Energy Trust has a 52-week low of $4.26 and a 52-week high of $7.49.

VOC Energy Trust (NYSE:VOC - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The oil and gas producer reported $0.18 earnings per share for the quarter. The firm had revenue of $3.40 million for the quarter. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%.

Separately, StockNews.com cut VOC Energy Trust from a "buy" rating to a "hold" rating in a report on Thursday, December 26th.

Check Out Our Latest Stock Report on VOC Energy Trust

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 an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider VOC Energy Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VOC Energy Trust wasn't on the list.

While VOC Energy Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

corporate

10748

tech

11464

entertainment

13208

research

6032

misc

14051

wellness

10707

athletics

14068