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Vermilion Energy (NYSE:VET) further slashes its monthly dividend by 83% to C$0.02/share from C$0.115/share, translating to forward annual yield of 4.93%.
The new dividend is effective from April, payable in May 2020.
The company earlier halved its monthly dividend to C$0.115/share from C$0.23/share in its Q4 earning PR.