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VET - Vermilion Energy: Reserve Backing Of 13%-Yielding Dividends
Vermilion Energy Inc. Common
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." - Warren Buffett
As of August 13, 2019, Vermilion Energy Inc. (VET) yields 12.72%, with a monthly cash distribution of C$0.23 per share.
It is the crash of the share price - by some 75% from the all-time high of C$74.25 in June 2014 to the recent low of C$19.77 - that has caused the stratospheric dividend yield because the pace of dividend raise has on average been only at 1.9% per year since