VOC Energy Trust (NYSE:VOC) Plans $0.18 Quarterly Dividend

VOC Energy Trust (NYSE:VOC) declared a quarterly dividend on Thursday, April 18th, Wall Street Journal reports. Shareholders of record on Tuesday, April 30th will be given a dividend of 0.18 per share by the oil and gas producer on Wednesday, May 15th. This represents a $0.72 annualized dividend and a yield of 11.82%. The ex-dividend date of this dividend is Monday, April 29th.

VOC Energy Trust Price Performance

VOC stock opened at $6.09 on Friday. VOC Energy Trust has a 12 month low of $5.77 and a 12 month high of $10.65. The company’s 50-day moving average price is $6.27 and its two-hundred day moving average price is $7.30.

VOC Energy Trust (NYSE:VOC) last released its earnings results on Wednesday, March 20th. The oil and gas producer reported $0.23 EPS for the quarter. VOC Energy Trust had a net margin of 92.44% and a return on equity of 108.69%. The firm had revenue of $4.12 million for the quarter.

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.