Vermilion Energy Inc (TSE:VET) (NYSE:VET) announced a monthly dividend on Friday, September 15th, Zacks reports. Shareholders of record on Friday, September 29th will be paid a dividend of 0.215 per share on Monday, October 16th. This represents a $2.58 annualized dividend and a dividend yield of 5.64%. The ex-dividend date of this dividend is Thursday, September 28th.

Shares of Vermilion Energy (TSE:VET) traded down 0.48% during midday trading on Friday, hitting $45.72. 229,261 shares of the company’s stock traded hands. The firm has a market capitalization of $5.54 billion and a price-to-earnings ratio of 73.74. The company has a 50 day moving average price of $40.78 and a 200 day moving average price of $44.36. Vermilion Energy has a 1-year low of $38.33 and a 1-year high of $58.98.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings results on Wednesday, July 26th. The company reported C$0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.04 by C$0.36. Vermilion Energy had a net margin of 19.03% and a return on equity of 11.88%. The firm had revenue of C$271.39 million during the quarter. Equities analysts anticipate that Vermilion Energy will post $0.82 earnings per share for the current year.

WARNING: This news story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another site, it was stolen and republished in violation of US and international trademark and copyright law. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/09/23/vermilion-energy-inc-declares-monthly-dividend-of-0-22-vet.html.

Several brokerages recently issued reports on VET. Barclays PLC cut their price target on shares of Vermilion Energy from C$64.00 to C$50.00 in a report on Monday, July 24th. BMO Capital Markets cut their price target on shares of 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. Royal Bank Of Canada lifted their price target on shares of Vermilion Energy from C$51.00 to C$52.00 and gave the company an “outperform” rating in a report on Thursday, July 27th. Finally, National Bank Financial cut their price target on shares of Vermilion Energy from C$60.00 to C$49.00 in a report on Friday, June 23rd. Six equities research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average price target of C$56.17.

In other Vermilion Energy news, insider Gerard Schut sold 3,000 shares of the business’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of C$45.00, for a total value of C$135,000.00. Over the last ninety days, insiders acquired 1,250 shares of company stock valued at $49,915.

About Vermilion Energy

Dividend History for Vermilion Energy (TSE:VET)

Receive News & Stock 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 stocks with our FREE daily email newsletter.