VOC Energy Trust (NYSE:VOC) Announces Quarterly Dividend of $0.13

VOC Energy Trust (NYSE:VOC) declared a quarterly dividend on Monday, April 21st, Wall Street Journal reports. Investors of record on Wednesday, April 30th will be given 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 dividend yield of 16.25%. 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 Trading Down 3.6 %

VOC opened at $3.20 on Tuesday. VOC Energy Trust has a 1-year low of $2.44 and a 1-year high of $6.28. The firm has a 50-day moving average price of $3.18 and a two-hundred day moving average price of $4.24. The stock has a market capitalization of $54.40 million, a PE ratio of 4.10 and a beta of 0.35.

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 (EPS) for the quarter. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%. The firm had revenue of $3.24 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com downgraded 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.