VOC Energy Trust (VOC) to Issue Quarterly Dividend of $0.18 on May 15th

VOC Energy Trust (NYSE:VOC) declared a quarterly dividend on Thursday, April 18th, Wall Street Journal reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.18 per share by the oil and gas producer on Wednesday, May 15th. This represents a $0.72 annualized dividend and a yield of 11.80%. The ex-dividend date of this dividend is Monday, April 29th.

VOC Energy Trust Trading Down 1.1 %

Shares of NYSE VOC opened at $6.10 on Friday. VOC Energy Trust has a 12-month low of $5.77 and a 12-month high of $10.65. The business’s fifty day simple moving average is $6.35 and its 200-day simple moving average is $7.41.

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

Hedge Funds Weigh In On VOC Energy Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its position in shares of VOC Energy Trust by 66.7% during the 2nd quarter. Osaic Holdings Inc. now owns 8,044 shares of the oil and gas producer’s stock worth $64,000 after buying an additional 3,220 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in VOC Energy Trust in the fourth quarter valued at $131,000. JPMorgan Chase & Co. acquired a new position in VOC Energy Trust in the fourth quarter valued at $136,000. Northern Trust Corp grew its holdings in shares of VOC Energy Trust by 7.4% during the first quarter. Northern Trust Corp now owns 20,791 shares of the oil and gas producer’s stock worth $142,000 after purchasing an additional 1,437 shares during the last quarter. Finally, Wexford Capital LP acquired a new stake in shares of VOC Energy Trust during the second quarter worth about $513,000.

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.