VOC Energy Trust Announces Quarterly Dividend of $0.09 (NYSE:VOC)

VOC Energy Trust (NYSE:VOC) announced a quarterly dividend on Tuesday, January 21st,Wall Street Journal reports. Shareholders of record on Thursday, January 30th will be paid a dividend of 0.085 per share by the oil and gas producer on Thursday, February 13th. This represents a $0.34 annualized dividend and a yield of 8.97%. The ex-dividend date is Thursday, January 30th.

VOC Energy Trust Stock Down 11.9 %

Shares of VOC stock opened at $3.79 on Thursday. The company has a market capitalization of $64.43 million, a price-to-earnings ratio of 4.86 and a beta of 0.87. VOC Energy Trust has a 12-month low of $3.70 and a 12-month high of $7.49. The firm has a fifty day moving average of $4.87 and a 200-day moving average of $4.97.

VOC Energy Trust (NYSE:VOC) last released its quarterly earnings results on Thursday, November 7th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $3.40 million for the quarter. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%.

Analysts Set New Price Targets

Separately, StockNews.com cut VOC Energy Trust from a “buy” rating to a “hold” rating in a research note on Thursday, December 26th.

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.