Good that dividend gets reinstated. Low figures though and changed to quarterly but progress anyway.
Friday, December 3, 2021
Vermillion Energy announced plans to reinstate dividend next year
Vermillion Energy announced plans to reinstate a $0.06 per share
quarterly dividend commencing in Q1 2022. Return of capital
framework will be a staged approach that will increase over time as
further debt targets are achieved while retaining the flexibility to
adjust when necessary. The Corrib Acquisition will significantly enhance
the company's FCF profile and ability to return additional capital to
shareholders.
Labels:
dividend change,
VET
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