Monday, January 9, 2023

Dividend increase #1 of 2023 : Vermilion Energy Inc.

Vermilion Energy Inc. (TSE:VET) announces a 25% increase to Q1 2023 quarterly cash dividend to $0.10 CDN per share, which equates to an annual dividend of $0.40 CDN per share, approximately 5% of forecasted 2023 FFO. This increase aligns with VET dividend policy of providing ratable increases while ensuring the annual dividend amount is sustainable at mid-cycle pricing.


 

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