Vermilion Energy Inc. (VET) To Go Ex-Dividend on March 31st

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) declared a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.13 per share on Tuesday, April 15th. This represents a $0.52 annualized dividend and a dividend yield of 4.45%. The ex-dividend date of this dividend is Monday, March 31st. This is a 8.3% increase from Vermilion Energy’s previous quarterly dividend of $0.12.

Vermilion Energy Stock Performance

Shares of VET traded down C$0.12 during trading hours on Friday, reaching C$11.68. 470,049 shares of the company traded hands, compared to its average volume of 686,874. The stock has a market capitalization of C$1.81 billion, a P/E ratio of -2.20, a P/E/G ratio of -0.02 and a beta of 2.60. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. The business has a fifty day moving average price of C$12.50 and a 200-day moving average price of C$13.22. Vermilion Energy has a 12-month low of C$10.18 and a 12-month high of C$17.56.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on VET shares. Royal Bank of Canada cut their price objective on Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a report on Monday, December 30th. BMO Capital Markets reduced their price target on shares of Vermilion Energy from C$16.00 to C$14.00 in a research report on Thursday, March 6th. National Bankshares lifted their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. TD Securities cut their price objective on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Finally, Atb Cap Markets downgraded shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$17.06.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.