Vermilion Energy Inc (VET) Plans $0.22 Monthly Dividend

Vermilion Energy Inc (TSE:VET) (NYSE:VET) declared a monthly dividend on Wednesday, November 15th, Zacks reports. Shareholders of record on Thursday, November 30th will be paid a dividend of 0.215 per share on Friday, December 15th. This represents a $2.58 dividend on an annualized basis and a dividend yield of 5.72%. The ex-dividend date of this dividend is Wednesday, November 29th.

Shares of Vermilion Energy (VET) traded up C$0.37 during trading on Friday, hitting C$45.08. The company’s stock had a trading volume of 115,068 shares, compared to its average volume of 377,748. Vermilion Energy has a fifty-two week low of C$38.33 and a fifty-two week high of C$58.98.

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A number of brokerages have commented on VET. BMO Capital Markets reduced their target price on Vermilion Energy from C$50.00 to C$48.00 and set an “outperform” rating for the company in a report on Thursday, July 27th. TD Securities dropped their price target on Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating for the company in a research report on Tuesday, October 31st. National Bank Financial dropped their price target on Vermilion Energy from C$49.00 to C$48.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st. Barclays PLC upped their price target on Vermilion Energy from C$50.00 to C$51.00 in a research report on Monday, October 30th. Finally, Royal Bank Of Canada upped their price target on Vermilion Energy from C$51.00 to C$52.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th. Five investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of C$54.56.

In other news, insider Gerard Schut sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of C$45.00, for a total value of C$135,000.00.

Vermilion Energy Company Profile

Dividend History for Vermilion Energy (TSE:VET)

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