Canada NewsWire
CALGARY, July 11, 2016
CALGARY, July 11, 2016 /CNW/ - Vermilion Energy Inc.
("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable
on August 15, 2016 to all shareholders of record on July 22, 2016. The
ex-dividend date for this payment is July 20, 2016. This dividend is an eligible dividend for the
purposes of the Income Tax Act (Canada).
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development
and optimization of producing properties in North America, Europe
and Australia. Our business model targets annual organic production growth, 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 Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil 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 in excess of 6%. 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 over 20 years of market outperformance. Vermilion trades on the Toronto Stock Exchange and the New
York Stock Exchange under the symbol VET.
SOURCE Vermilion Energy Inc.
PDF available at: http://stream1.newswire.ca/media/2016/07/11/20160711_C7797_PDF_EN_729515.pdf
