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Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for May 15, 2018 Payment Date
Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for May 15, 2018 Payment Date ...
About this update from Vermilion Energy Inc.
[{"type":"text","content":"\n\n\n\nVermilion Energy Inc. Announces $0.23 CDN Cash Dividend for May 15, 2018 Payment Date\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, April 16, 2018\n\n\n\nCALGARY, April 16, 2018 /CNW/ - Vermilion Energy Inc. (\"Vermilion\") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on May 15, 2018 to all shareholders of record on April 30, 2018.  The ex-dividend date for this payment is April 27, 2018.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).\n\nThis marks the fourth increase to Vermilion's monthly dividend (previously Vermilion's distribution during the income trust era) since we started paying a distribution in 2003.\n\nAbout Vermilion\n\nVermilion 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 $0.23 per share, which provides a current yield of approximately 6.5%.  \n\nVermilion'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, a...