Vermilion Energy Inc (TSE:VET) Plans $0.22 Monthly Dividend

Vermilion Energy Inc (TSE:VET) (NYSE:VET) announced a monthly dividend on Wednesday, November 15th, Zacks reports. Shareholders of record on Thursday, November 30th will be given a dividend of 0.215 per share on Friday, December 15th. This represents a $2.58 annualized dividend and a yield of 6.13%. The ex-dividend date of this dividend is Wednesday, November 29th.

Vermilion Energy (TSE:VET) traded up C$0.53 during trading on Friday, reaching C$42.10. The company’s stock had a trading volume of 240,100 shares, compared to its average volume of 379,092. Vermilion Energy has a 1-year low of C$38.33 and a 1-year high of C$58.98.

VET has been the subject of several research analyst reports. Barclays upped their target price on Vermilion Energy from C$50.00 to C$51.00 in a research note on Monday, October 30th. BMO Capital Markets reduced their price objective on Vermilion Energy from C$51.00 to C$48.00 in a research note on Tuesday, October 10th. National Bank Financial reduced their price objective on Vermilion Energy from C$49.00 to C$48.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. Finally, TD Securities reduced their price objective on Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating for the company in a research note on Tuesday, October 31st. Five analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of C$54.56.

In other Vermilion Energy news, insider Gerard Schut sold 3,000 shares of the firm’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of C$45.00, for a total value of C$135,000.00.

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Vermilion Energy Company Profile

Dividend History for Vermilion Energy (TSE:VET)

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