Vermilion Energy Inc. (NYSE:VET) Shares Will Pay Quarterly Dividend of C$0.14

Vermilion Energy Inc. (NYSE:VET – Get Free Report) (TSE:VET) declared a quarterly dividend on Wednesday, November 4th. Investors of record on Tuesday, December 15th will be given a dividend of C$0.14 per share by the oil and gas company on Thursday, December 31st. This represents a $0.54 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, December 15th.

Vermilion Energy has a payout ratio of -139.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Vermilion Energy Stock Down 13.1%

VET traded down $1.62 during trading on Wednesday, reaching $10.76. 4,775,474 shares of the stock were exchanged, compared to its average volume of 1,776,534. The stock has a market cap of $1.63 billion, a P/E ratio of -5.09 and a beta of 0.52. Vermilion Energy has a twelve month low of $7.30 and a twelve month high of $14.82. The stock’s 50 day moving average price is $12.62 and its two-hundred day moving average price is $11.61. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.90 and a current ratio of 1.00.

Vermilion Energy (NYSE:VET – Get Free Report) (TSE:VET) last posted its quarterly earnings results on Wednesday, November 4th. The oil and gas company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.43). Vermilion Energy had a positive return on equity of 5.26% and a negative net margin of 22.48%.

About Vermilion Energy

(Get Free Report)

Vermilion Energy Inc is a Canadian-based international oil and natural gas producer headquartered in Calgary, Alberta. Founded in 1994, the company explores for, develops, and produces crude oil, condensate, natural gas liquids, and natural gas.

Vermilion operates a geographically diversified portfolio of assets in North America and Europe, with activities in Canada, the United States, France, the Netherlands, Germany, and Croatia. Its production includes conventional and unconventional oil and gas, with operations focused on developing reserves and supplying energy to regional and international markets.

The company’s shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

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Dividend History for Vermilion Energy (NYSE:VET)

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