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Vermilion Energy Inc. T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.


TSX:VET - Post by User

Comment by Pandoraon Nov 09, 2022 7:40pm
292 Views
Post# 35087005

RE:RE:RE:RE:RE:Wow...I missed this in the report....

RE:RE:RE:RE:RE:Wow...I missed this in the report....
Pandora wrote:

 

Vermilion Energy to pay eight-cent dividend Jan. 16

 

2022-11-09 18:06 ET - News Release

 

An anonymous director reports

VERMILION ENERGY INC. ANNOUNCES $0.08 CDN CASH DIVIDEND FOR JANUARY 16, 2023 PAYMENT DATE

Vermilion Energy Inc. has declared a cash dividend of eight cents per share, payable on Jan. 16, 2023, to all shareholders of record on Dec. 30, 2022. The ex dividend date for this payment is Dec. 29, 2022. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).



Also, from last quarterly report: (ie. no change in dividend)

In conjunction with our Q2 2022 release, we announced a 33% increase to our Q3 2022 quarterly cash dividend to $0.08 CDN per share which equates to an annual dividend of $0.32 CDN per share, or approximately $53 million. Dividends will remain a key component of our return of capital framework as we seek to provide shareholders with a resilient and increasing base dividend; however, we will limit the annual cash dividend to approximately 10% of our mid-cycle FFO.
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