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

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET declared a quarterly dividend on Monday, June 30th, TickerTech Dividends reports. Investors of record on Tuesday, July 15th will be given a dividend of 0.13 per share on Tuesday, July 15th. This represents a $0.52 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date is Monday, June 30th.

Vermilion Energy Stock Performance

Shares of TSE VET traded down C$0.22 during trading on Tuesday, reaching C$9.94. 515,959 shares of the company traded hands, compared to its average volume of 838,144. The stock has a market cap of C$1.54 billion, a P/E ratio of -1.87, a PEG ratio of -0.02 and a beta of 2.60. The firm's fifty day simple moving average is C$9.57 and its 200 day simple moving average is C$11.28. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. Vermilion Energy has a 12-month low of C$7.29 and a 12-month high of C$15.70.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Desjardins raised Vermilion Energy from a "hold" rating to a "moderate buy" rating and boosted their price target for the company from C$11.00 to C$11.50 in a report on Friday, June 6th. JPMorgan Chase & Co. boosted their target price on shares of Vermilion Energy from C$10.00 to C$11.00 in a research note on Wednesday, April 23rd. CIBC dropped their price target on shares of Vermilion Energy from C$17.00 to C$14.00 in a research report on Thursday, April 10th. TD Securities cut their price objective on shares of Vermilion Energy from C$14.00 to C$12.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Finally, BMO Capital Markets decreased their price objective on shares of Vermilion Energy from C$16.00 to C$14.00 in a research report on Thursday, March 6th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of C$14.89.

Insiders Place Their Bets

In other news, Senior Officer Randy Lee Ernest Mcquaig purchased 3,600 shares of the stock in a transaction dated Tuesday, May 27th. The shares were purchased at an average cost of C$8.85 per share, with a total value of C$31,860.00. Corporate insiders own 0.16% of the company's stock.

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.