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Veren Inc. (NYSE:VRN) Declares Quarterly Dividend of $0.08

Veren logo with Oils/Energy background
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Veren Inc. (NYSE:VRN - Get Free Report) announced a quarterly dividend on Friday, February 28th, Wall Street Journal reports. Investors of record on Saturday, March 15th will be paid a dividend of 0.0797 per share on Tuesday, April 1st. This represents a $0.32 annualized dividend and a dividend yield of 6.48%. The ex-dividend date is Friday, March 14th.

Veren Stock Up 0.5 %

Shares of NYSE VRN traded up $0.03 during trading hours on Tuesday, hitting $4.92. The stock had a trading volume of 26,375,794 shares, compared to its average volume of 7,434,665. The company has a market capitalization of $3.01 billion, a P/E ratio of 3.51 and a beta of 2.10. The firm's 50-day moving average price is $5.22 and its two-hundred day moving average price is $5.67. Veren has a 52 week low of $4.40 and a 52 week high of $9.02. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.88 and a current ratio of 0.88.

Veren Company Profile

(Get Free Report)

Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.

Further Reading

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