Vermilion Energy Inc. to Issue Quarterly Dividend of $0.13 (TSE:VET)

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET declared a quarterly dividend on Monday, June 30th, TickerTech Dividends reports. Stockholders of record on Tuesday, July 15th will be paid a dividend of 0.13 per share on Tuesday, July 15th. This represents a $0.52 annualized dividend and a dividend yield of 5.12%. The ex-dividend date of this dividend is Monday, June 30th.

Vermilion Energy Stock Performance

TSE VET traded down C$0.08 on Friday, reaching C$10.16. The stock had a trading volume of 1,006,333 shares, compared to its average volume of 840,743. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. The firm has a fifty day moving average of C$9.54 and a two-hundred day moving average of C$11.34. Vermilion Energy has a 1-year low of C$7.29 and a 1-year high of C$15.70. The company has a market cap of C$1.57 billion, a P/E ratio of -1.91, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, Senior Officer Randy Lee Ernest Mcquaig bought 3,600 shares of the stock in a transaction on Tuesday, May 27th. The stock was acquired at an average cost of C$8.85 per share, for a total transaction of C$31,860.00. 0.16% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. CIBC reduced their target price on Vermilion Energy from C$17.00 to C$14.00 in a report on Thursday, April 10th. Desjardins raised Vermilion Energy from a "hold" rating to a "moderate buy" rating and raised their price objective for the company from C$11.00 to C$11.50 in a research note on Friday, June 6th. BMO Capital Markets reduced their price objective on Vermilion Energy from C$16.00 to C$14.00 in a research note on Thursday, March 6th. Royal Bank Of Canada raised their price objective on Vermilion Energy from C$14.00 to C$16.00 and gave the company a "sector perform" rating in a research note on Thursday, May 8th. Finally, TD Securities reduced their price objective on Vermilion Energy from C$14.00 to C$12.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$14.89.

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.

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