VOC Energy: Dividend Insights
Portfolio Pulse from Benzinga Insights
VOC Energy (NYSE:VOC) has announced a quarterly dividend of 21 cents per share. The stock will go ex-dividend on Friday, meaning the stock will likely open 21 cents lower than it would have opened on any other day. The dividend will be paid out to shareholders on August 14, 2023.
July 25, 2023 | 2:46 pm
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VOC Energy's announcement of a 21 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not necessarily indicative of the company's overall performance.
When a stock goes ex-dividend, the price typically drops to reflect the payout. This is a normal part of the dividend process and does not necessarily reflect negatively on the company's overall performance. However, it can impact short-term trading strategies.
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