VOC Energy Trust to Issue Quarterly Dividend of $0.18 (NYSE:VOC)

VOC Energy Trust (NYSE:VOC) declared a quarterly dividend on Thursday, April 18th, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 11.86%. The ex-dividend date is Monday, April 29th.

VOC Energy Trust Stock Performance

VOC opened at $6.07 on Friday. VOC Energy Trust has a fifty-two week low of $5.77 and a fifty-two week high of $10.65. The firm’s fifty day moving average is $6.29 and its 200 day moving average is $7.32.

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

About VOC Energy Trust

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.