Canada NewsWire
CALGARY, Feb. 15, 2018
CALGARY, Feb. 15, 2018 /CNW/ - Vermilion Energy Inc.
("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share
payable on March 15, 2018 to all shareholders of record on February 28,
2018. The ex-dividend date for this payment is February 27, 2018. This dividend
is an eligible dividend for the purposes of the Income Tax Act (Canada).
About Vermilion
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 emphasizes organic production growth augmented with value-adding acquisitions, 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 currently
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
6%.
Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more
important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We
have been recognized as a top decile performer amongst Canadian publicly listed companies in governance practices, as a Climate
Leadership level (A-) performer by the CDP, and a Best Workplace in the Great Place to Work® Institute's annual rankings in
Canada, France and the
Netherlands. In addition, Vermilion emphasizes strategic community investment in each of our operating areas.
Employees and directors hold approximately 6.5% of our fully diluted 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.
View original content with multimedia: http://www.newswire.ca/en/releases/archive/February2018/15/c1652.html