Vermilion Energy's Ex-Dividend Date Approaches with 1.2% Impact

Vermilion Energy Inc (VET) is set to trade ex-dividend on 9/27/24, with a quarterly dividend of $0.12. This will likely affect the stock price, potentially lowering it by 1.20%. Investors should analyze its previous performance to gauge future expectations.

Date: 25-09-2024

AI Rating: 6

Vermilion Energy Inc (VET) is approaching its ex-dividend date set for 9/27/24. With a quarterly dividend of $0.12, this represents approximately 1.20% of its recent stock price of $9.97. As a result, it is anticipated that VET shares will open trading at about 1.20% lower on the ex-dividend date.

Additionally, the annualized dividend yield based on the current dividend is around 4.81%. This estimated yield gives investors a reasonable expectation of annual returns going forward, considering past performance and current economic conditions.

Furthermore, the 52-week trading range for VET shares shows a low of $8.705 and a high of $15.561, with the most recent trade at $9.96. The stock experienced a slight increase of approximately 1.1% on the day of the report.

In terms of stock price prediction, investors should also consider the history of dividends paid to assess future reliability. Based on VET's upcoming dividend and its stock performance, it remains essential to monitor these figures closely for investment decisions.

Stocks: VET