VOC Energy Trust (NYSE:VOC) to Issue $0.11 Quarterly Dividend

Key Points

• VOC Energy Trust has declared a quarterly dividend of $0.11 per share, with shareholders of record on October 30th set to receive this payment on November 14th.
• The company's annualized dividend yield is reported at 15.0%, reflecting a strong return for investors.
• VOC Energy Trust has a market cap of approximately $49.98 million and has shown a significant return on equity of 83.54% with a net margin of 88.65% in its last earnings report.

VOC Energy Trust (NYSE:VOC - Get Free Report) declared a quarterly dividend on Monday, October 20th. Shareholders of record on Thursday, October 30th will be given a dividend of 0.11 per share by the oil and gas producer on Friday, November 14th. This represents a c) annualized dividend and a yield of 15.0%. The ex-dividend date is Thursday, October 30th.

VOC Energy Trust Price Performance

Shares of VOC Energy Trust stock opened at $2.94 on Tuesday. The firm has a market cap of $49.98 million, a price-to-earnings ratio of 5.07 and a beta of 0.32. The stock's 50-day moving average is $2.82 and its 200-day moving average is $2.91. VOC Energy Trust has a one year low of $2.44 and a one year high of $5.69.

VOC Energy Trust (NYSE:VOC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The oil and gas producer reported $0.13 EPS for the quarter. The company had revenue of $2.48 million for the quarter. VOC Energy Trust had a return on equity of 83.54% and a net margin of 88.65%.

Hedge Funds Weigh In On VOC Energy Trust

Institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC acquired a new position in VOC Energy Trust during the first quarter worth approximately $53,000. XTX Topco Ltd acquired a new position in shares of VOC Energy Trust in the first quarter valued at approximately $61,000. Finally, 180 Wealth Advisors LLC grew its position in shares of VOC Energy Trust by 19.7% in the second quarter. 180 Wealth Advisors LLC now owns 276,729 shares of the oil and gas producer's stock valued at $791,000 after purchasing an additional 45,631 shares during the last 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.

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