Vermilion Energy Inc Declares Monthly Dividend of $0.22 (VET)
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.
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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
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