VOC Energy Trust (NYSE:VOC) Declares Quarterly Dividend of $0.19

by · The Markets Daily

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 given a dividend of $0.19 per share by the oil and gas producer on Friday, November 13th. This represents a $0.76 annualized dividend and a yield of 21.6%. The ex-dividend date 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 raised its dividend payment by an average of 0.1% per year over the last three years.

VOC Energy Trust Price Performance

VOC Energy Trust stock traded up $0.12 during trading hours on Wednesday, reaching $3.52. The company had a trading volume of 176,762 shares, compared to its average volume of 104,046. The company has a 50-day moving average price of $3.36 and a 200 day moving average price of $3.20. The firm has a market cap of $59.89 million, a price-to-earnings ratio of 8.59 and a beta of 0.18. VOC Energy Trust has a 12-month low of $2.63 and a 12-month high of $3.84.

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 earnings per share for the quarter. The firm had revenue of $1.70 million during the quarter. VOC Energy Trust had a return on equity of 68.92% and a net margin of 91.51%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of VOC Energy Trust in a research note on Monday. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, VOC Energy Trust presently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on VOC

About VOC Energy Trust

(Get Free Report)

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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