Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for January 15, 2015 Payment Date
16 December 2014 - 3:00AM
PR Newswire (Canada)
CALGARY, Dec. 15, 2014 /CNW/ - Vermilion Energy Inc.
("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash
dividend of $0.215 CDN per share
payable on January 15, 2015 to all
shareholders of record on December
31, 2014. The ex-dividend date for this payment is
December 29, 2014. This
dividend is an eligible dividend for the purposes of the Income Tax
Act (Canada).
Vermilion is an oil-leveraged producer that seeks to create
value through the acquisition, exploration, development and
optimization of producing properties in Western Canada, Europe and Australia. Our business model targets annual
organic production growth of 5% or more along with providing
reliable and increasing dividends to investors. Vermilion is
targeting growth in production primarily through the exploitation
of light oil and liquids-rich natural gas conventional resource
plays in Western Canada, the
exploration and development of high impact natural gas
opportunities in the Netherlands
and Germany, and through drilling
and workover programs in France
and Australia. Vermilion also holds an 18.5% working interest
in the Corrib gas field in Ireland. Vermilion pays a monthly
dividend of Canadian $0.215 per
share, which provides a current yield of approximately 5%.
Management and directors of Vermilion hold approximately 6% of the
outstanding shares, are committed to consistently delivering
superior rewards for all stakeholders, and have delivered a 20-year
history of market outperformance. Vermilion trades on the
Toronto Stock Exchange and the New York Stock Exchange under the
symbol VET.
SOURCE Vermilion Energy Inc.
Copyright 2014 Canada NewsWire
Vermilion Energy (TSX:VET)
Historical Stock Chart
From Jun 2024 to Jul 2024
Vermilion Energy (TSX:VET)
Historical Stock Chart
From Jul 2023 to Jul 2024