VOC Energy Trust (NYSE:VOC – Get Rating) declared a quarterly dividend on Friday, January 20th, Wall Street Journal reports. Stockholders of record on Monday, January 30th will be given a dividend of 0.23 per share by the oil and gas producer on Tuesday, February 14th. This represents a $0.92 annualized dividend and a dividend yield of 9.15%. The ex-dividend date of this dividend is Friday, January 27th.
VOC Energy Trust has increased its dividend payment by an average of 22.4% per year over the last three years.
VOC Energy Trust Stock Performance
Shares of VOC opened at $10.05 on Wednesday. VOC Energy Trust has a fifty-two week low of $5.32 and a fifty-two week high of $13.70. The firm has a 50 day moving average price of $9.78 and a 200-day moving average price of $8.35.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of VOC Energy Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, December 21st.
Hedge Funds Weigh In On VOC Energy Trust
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wexford Capital LP purchased a new stake in shares of VOC Energy Trust in the second quarter valued at approximately $513,000. Atria Wealth Solutions Inc. acquired a new position in VOC Energy Trust during the 1st quarter worth about $752,000. Finally, Northern Trust Corp lifted its stake in VOC Energy Trust by 7.4% during the 1st quarter. Northern Trust Corp now owns 20,791 shares of the oil and gas producer’s stock worth $142,000 after acquiring an additional 1,437 shares in the last quarter. Hedge funds and other institutional investors own 3.36% of the company’s stock.
About VOC Energy Trust
VOC Energy Trust is a statutory trust. It engages in the acquisition and holding of net profits interest for the benefit of the trust unitholders. The company was founded on November 3, 2010 and is headquartered in Houston, TX.
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