VOC Energy Trust (NYSE:VOC) Declares $0.18 Quarterly Dividend

VOC Energy Trust (NYSE:VOC) announced a quarterly dividend on Friday, April 19th, 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 yield of 11.71%. The ex-dividend date is Monday, April 29th.

VOC Energy Trust Price Performance

VOC Energy Trust stock traded down $0.02 during trading on Friday, reaching $6.15. The company had a trading volume of 57,766 shares, compared to its average volume of 78,622. VOC Energy Trust has a 12-month low of $5.77 and a 12-month high of $10.65. The stock’s 50 day moving average price is $6.35 and its two-hundred day moving average price is $7.43.

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

Institutional Investors Weigh In On VOC Energy Trust

Several institutional investors have recently bought and sold shares of VOC. Osaic Holdings Inc. boosted its stake in shares of VOC Energy Trust by 66.7% in the second quarter. Osaic Holdings Inc. now owns 8,044 shares of the oil and gas producer’s stock valued at $64,000 after purchasing an additional 3,220 shares during the period. Northern Trust Corp boosted its stake in shares of VOC Energy Trust by 40.5% in the second quarter. Northern Trust Corp now owns 31,449 shares of the oil and gas producer’s stock valued at $249,000 after purchasing an additional 9,064 shares during the period. Morgan Stanley boosted its stake in shares of VOC Energy Trust by 24.8% in the fourth quarter. Morgan Stanley now owns 81,536 shares of the oil and gas producer’s stock valued at $846,000 after purchasing an additional 16,202 shares during the period. Cetera Advisor Networks LLC boosted its stake in shares of VOC Energy Trust by 96.1% in the fourth quarter. Cetera Advisor Networks LLC now owns 101,804 shares of the oil and gas producer’s stock valued at $1,056,000 after purchasing an additional 49,898 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in shares of VOC Energy Trust in the fourth quarter valued at $131,000.

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.