VOC Energy Trust (NYSE:VOC) to Issue Quarterly Dividend of $0.18

VOC Energy Trust (NYSE:VOC) declared a quarterly dividend on Thursday, October 17th, Wall Street Journal reports. Shareholders of record on Wednesday, October 30th will be given a dividend of 0.18 per share by the oil and gas producer on Thursday, November 14th. This represents a $0.72 annualized dividend and a yield of 12.81%. The ex-dividend date of this dividend is Wednesday, October 30th.

VOC Energy Trust Stock Up 2.6 %

VOC Energy Trust stock opened at $5.62 on Tuesday. VOC Energy Trust has a 12 month low of $4.45 and a 12 month high of $8.69. The stock has a market cap of $95.54 million, a P/E ratio of 6.94 and a beta of 0.89. The company’s fifty day simple moving average is $5.00 and its 200-day simple moving average is $5.19.

VOC Energy Trust (NYSE:VOC) last issued its earnings results on Friday, August 9th. The oil and gas producer reported $0.18 EPS for the quarter. VOC Energy Trust had a return on equity of 103.79% and a net margin of 91.90%. The firm had revenue of $3.38 million for the quarter.

About VOC Energy Trust

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.