VOC Energy Trust (NYSE:VOC) Plans $0.09 Quarterly Dividend

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 given 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 7.91%. The ex-dividend date of this dividend is Thursday, January 30th.

VOC Energy Trust Stock Down 15.5 %

NYSE VOC opened at $4.30 on Wednesday. VOC Energy Trust has a 52 week low of $4.26 and a 52 week high of $7.49. The company has a market capitalization of $73.10 million, a P/E ratio of 5.51 and a beta of 0.87. The stock’s 50-day moving average price is $4.90 and its 200-day moving average price is $4.98.

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

Analyst Ratings Changes

Separately, StockNews.com cut shares of 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.