Vermilion Energy Inc. Announces $0.08 CDN Cash Dividend for January 16, 2023 Payment Date

Rhea-AI Summary

Vermilion Energy Inc. (TSX: VET, NYSE: VET) announces a cash dividend of $0.08 CDN per share, payable on January 16, 2023. The record date for this dividend is December 30, 2022, with an ex-dividend date of December 29, 2022. This dividend qualifies as an eligible dividend under the Income Tax Act in Canada. Vermilion focuses on the acquisition and development of energy assets across North America, Europe, and Australia, prioritizing free cash flow generation and shareholder returns.

Positive

• Announced a cash dividend of $0.08 CDN per share.
• Dividend payment scheduled for January 16, 2023, enhancing shareholder value.

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• None.

CALGARY, AB, Nov. 9, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.08 CDN per share, payable on January 16, 2023 to all shareholders of record on December 30, 2022. The ex-dividend date for this payment is December 29, 2022. 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 assets in North America, Europe and Australia. Our business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.

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 by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.

Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

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SOURCE Vermilion Energy Inc.

FAQ

What is the dividend amount declared by Vermilion Energy?

Vermilion Energy has declared a cash dividend of $0.08 CDN per share.

When is the dividend payment date for Vermilion Energy?

The dividend payment date is January 16, 2023.

What is the ex-dividend date for Vermilion's upcoming dividend?

The ex-dividend date is December 29, 2022.

Who is eligible to receive the dividend from Vermilion Energy?

Shareholders on record as of December 30, 2022, are eligible to receive the dividend.

Is Vermilion's dividend eligible under Canadian tax law?

Yes, the dividend is an eligible dividend for the purposes of the Income Tax Act in Canada.