VOC Energy Trust (NYSE:VOC) Plans $0.18 Quarterly Dividend

VOC Energy Trust (NYSE:VOC) announced a quarterly dividend on Thursday, April 18th, Wall Street Journal reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.18 per share by the oil and gas producer on Wednesday, May 15th. This represents a $0.72 annualized dividend and a yield of 11.80%. The ex-dividend date of this dividend is Monday, April 29th.

VOC Energy Trust Price Performance

NYSE:VOC opened at $6.10 on Friday. VOC Energy Trust has a 1 year low of $5.77 and a 1 year high of $10.65. The business has a fifty day moving average of $6.35 and a 200-day moving average of $7.41.

VOC Energy Trust (NYSE:VOC) last posted its quarterly earnings data on Wednesday, March 20th. The oil and gas producer reported $0.23 earnings per share for the quarter. The business had revenue of $4.12 million during the quarter. VOC Energy Trust had a net margin of 92.44% and a return on equity of 108.69%.

Institutional Trading of VOC Energy Trust

A number of institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. increased its stake in shares of VOC Energy Trust by 66.7% during the second quarter. Osaic Holdings Inc. now owns 8,044 shares of the oil and gas producer’s stock valued at $64,000 after acquiring an additional 3,220 shares during the period. Renaissance Technologies LLC bought a new position in VOC Energy Trust during the 4th quarter valued at $131,000. JPMorgan Chase & Co. acquired a new position in shares of VOC Energy Trust during the 4th quarter valued at $136,000. Northern Trust Corp increased its position in shares of VOC Energy Trust by 7.4% during the 1st quarter. Northern Trust Corp now owns 20,791 shares of the oil and gas producer’s stock valued at $142,000 after purchasing an additional 1,437 shares during the period. Finally, Wexford Capital LP bought a new stake in shares of VOC Energy Trust in the 2nd quarter worth $513,000.

VOC Energy Trust Company Profile

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.