Vermilion Energy Inc (TSE:VET) to Issue $0.22 Monthly Dividend
Vermilion Energy Inc (TSE:VET) (NYSE:VET) declared a monthly dividend on Tuesday, July 18th, Zacks reports. Stockholders of record on Friday, July 28th will be given a dividend of 0.215 per share on Tuesday, August 15th. This represents a $2.58 annualized dividend and a dividend yield of 6.62%. The ex-dividend date of this dividend is Wednesday, July 26th.
Vermilion Energy (TSE:VET) traded up 1.21% during trading on Wednesday, hitting $39.46. The stock had a trading volume of 74,871 shares. The company’s market cap is $4.75 billion. The stock has a 50-day moving average price of $41.89 and a 200-day moving average price of $48.48. Vermilion Energy has a 52 week low of $38.60 and a 52 week high of $58.98.
TRADEMARK VIOLATION NOTICE: This article was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/07/19/vermilion-energy-inc-tsevet-to-issue-0-22-monthly-dividend.html.
In other news, insider Mona Jean Jasinski sold 6,500 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of C$46.90, for a total transaction of C$304,850.00.
Several research analysts recently issued reports on the stock. Scotiabank reissued an “outperform” rating and issued a C$62.50 price target on shares of Vermilion Energy in a research report on Friday, April 7th. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$56.00 price target on shares of Vermilion Energy in a research report on Monday, April 10th. TD Securities reissued a “buy” rating and issued a C$60.00 price target on shares of Vermilion Energy in a research report on Tuesday, April 11th. National Bank Financial dropped their price target on shares of Vermilion Energy from C$60.00 to C$49.00 in a research report on Friday, June 23rd. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$55.00 price target on shares of Vermilion Energy in a research report on Monday, May 1st. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of C$57.77.
About Vermilion Energy
Receive News & Ratings for Vermilion Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.