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

VOC Energy Trust (NYSE:VOC) announced a quarterly dividend on Monday, April 21st, Wall Street Journal reports. Shareholders of record on Wednesday, April 30th will be paid a dividend of 0.13 per share by the oil and gas producer on Thursday, May 15th. This represents a $0.52 dividend on an annualized basis and a yield of 16.61%. The ex-dividend date is Wednesday, April 30th. This is a 52.9% increase from VOC Energy Trust’s previous quarterly dividend of $0.09.

VOC Energy Trust Stock Performance

VOC stock opened at $3.13 on Wednesday. The company has a market capitalization of $53.21 million, a PE ratio of 4.01 and a beta of 0.35. VOC Energy Trust has a one year low of $2.44 and a one year high of $6.25. The company’s fifty day moving average price is $3.17 and its 200-day moving average price is $4.23.

VOC Energy Trust (NYSE:VOC) last posted its quarterly earnings data on Thursday, March 20th. The oil and gas producer reported $0.18 earnings per share for the quarter. VOC Energy Trust had a net margin of 90.84% and a return on equity of 102.62%. The company had revenue of $3.24 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of VOC Energy Trust from a “buy” rating to a “hold” rating in a research note on Thursday, December 26th.

About 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.