Vermilion Energy Inc. Announces $0.12 CDN Cash Dividend for January 15, 2025 Payment Date

Rhea-AI Summary

Vermilion Energy (TSX: VET) (NYSE: VET) has declared a cash dividend of $0.12 CDN per common share. The dividend will be paid on January 15, 2025 to shareholders of record as of December 31, 2024. The dividend qualifies as an eligible dividend under the Income Tax Act (Canada).

Positive

• Maintaining quarterly dividend payments, indicating financial stability
• Dividend qualifies for tax advantages under Canadian tax law

Negative

• None.

News Market Reaction – VET

+1.31%

1 alert

+1.31% News Effect

On the day this news was published, VET gained 1.31%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CALGARY, AB, Nov. 6, 2024 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.12 CDN per common share, payable on January 15, 2025 to all shareholders of record on December 31, 2024. 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 and unconventional 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vermilion-energy-inc-announces-0-12-cdn-cash-dividend-for-january-15--2025-payment-date-302297895.html

SOURCE Vermilion Energy Inc.

FAQ

What is Vermilion Energy's (VET) dividend amount for January 2025?

Vermilion Energy (VET) announced a cash dividend of $0.12 CDN per common share for January 2025.

When is the record date for Vermilion Energy's (VET) January 2025 dividend?

The record date for Vermilion Energy's January 2025 dividend is December 31, 2024.

When will Vermilion Energy (VET) pay its next dividend?

Vermilion Energy will pay its next dividend on January 15, 2025.

Is Vermilion Energy's (VET) dividend considered eligible for Canadian tax purposes?

Yes, the dividend is considered an eligible dividend for the purposes of the Income Tax Act (Canada).