Veren Inc. (TSE:VRN – Get Free Report) announced a quarterly dividend on Thursday, October 31st, Zacks reports. Stockholders of record on Sunday, December 15th will be given a dividend of 0.115 per share on Thursday, January 2nd. This represents a $0.46 annualized dividend and a dividend yield of 6.42%. The ex-dividend date of this dividend is Friday, December 13th.
Veren Stock Performance
VRN opened at C$7.17 on Friday. Veren has a fifty-two week low of C$6.95 and a fifty-two week high of C$12.67.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on VRN. Canaccord Genuity Group decreased their target price on Veren from C$15.00 to C$14.00 in a research report on Tuesday, October 22nd. Raymond James raised Veren to a “strong-buy” rating in a research report on Thursday, October 17th.
Veren Company Profile
Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.
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