When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
VET - Vermilion Energy: Dividend Gone & Unlikely To Return Anytime Soon
Vermilion Energy Inc. Common
Introduction
The complete suspension of dividends by Vermilion Energy (VET) has been quite severe for their shareholders, as I suspect many dividend investors were lured by their large dividend yield. Whilst this seemed excellent on the surface, there were clear warning signs that it had virtually zero ability to endure even a modest downturn, as two of my previous articles warned (1) (2). Even though their shares may still be desirable for a contrarian investor, they offer nothing appealing for dividend investors since their dividend is unlikely to return