Veren Confirms Quarterly Dividend
Veren (TSX/NYSE: VRN) has declared a quarterly cash base dividend of $0.115 per share, payable on January 2, 2025, to shareholders of record on December 15, 2024.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Veren (TSX/NYSE: VRN) has declared a quarterly cash base dividend of $0.115 per share, payable on January 2, 2025, to shareholders of record on December 15, 2024. The dividends are designated as 'eligible dividends' for Canadian tax purposes and 'qualified dividends' for U.S. tax purposes.
Positive
- Consistent dividend payment maintained at $0.115 per share
- Dividends qualify for preferential tax treatment in both US and Canada
Negative
- None.
Details
News Market Reaction – VRN
The recorded move for VRN in the trading session of this news was -14.43%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
These dividends are designated as "eligible dividends" for Canadian income tax purposes. For
FOR MORE INFORMATION ON VEREN, PLEASE CONTACT:
Sarfraz Somani, Manager, Investor Relations
Telephone: (403) 693-0020 Toll-free (US and
Address: Veren Inc. Suite 2000, 585 - 8th Avenue S.W.
Veren shares are traded on the Toronto Stock Exchange and New York Stock Exchange under the symbol VRN.
View original content:https://www.prnewswire.com/news-releases/veren-confirms-quarterly-dividend-302292125.html
SOURCE Veren Inc.
FAQ
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