Vermilion Energy (NYSE: VET) lifts dividend 4% for March 31
Rhea-AI Filing Summary
Vermilion Energy Inc. declared a cash dividend of $0.135 CDN per common share, payable on March 31, 2026 to shareholders of record on March 13, 2026. This quarterly dividend is a 4% increase over the prior dividend and marks the fifth consecutive year of dividend increases. The dividend is designated as an eligible dividend for Canadian income tax purposes.
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FAQ
What dividend did Vermilion Energy (VET) declare for March 31, 2026?
Vermilion Energy declared a cash dividend of $0.135 CDN per common share, payable on March 31, 2026. The company describes this as a quarterly dividend and notes it is an eligible dividend under Canadian tax law.
When is the record date for Vermilion Energy's March 2026 dividend?
The record date for Vermilion Energy’s March 2026 dividend is March 13, 2026. Shareholders on the register that day will be entitled to receive the $0.135 CDN per share cash dividend, which is scheduled to be paid on March 31, 2026.
How much did Vermilion Energy increase its dividend in March 2026?
Vermilion Energy stated that the March 2026 quarterly dividend represents a 4% increase over the prior dividend. This higher level continues the company’s pattern of gradually raising its payout over time, as described in the announcement.
How long has Vermilion Energy been increasing its dividend?
Vermilion Energy reported that this dividend marks the fifth consecutive year of dividend increases. The company highlights this track record to show a history of regularly growing its cash returns to shareholders through higher quarterly dividend payments.
Is Vermilion Energy's March 2026 dividend eligible for Canadian tax benefits?
Yes. Vermilion Energy specifies that the $0.135 CDN per share dividend is an eligible dividend for purposes of the Income Tax Act (Canada). Eligible dividends generally receive preferential tax treatment for many Canadian taxable investors, compared to ordinary income.
On which exchanges does Vermilion Energy (VET) trade?
Vermilion Energy trades on both the Toronto Stock Exchange and the New York Stock Exchange under the trading symbol VET. The company describes itself as a global gas producer with assets in Canada and Europe.