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VET - Vermilion Energy to reinstate quarterly dividend from 1Q22
Vermilion Energy Inc. Common
Vermilion Energy (NYSE:VET) intends to reinstate a fixed quarterly dividend in Q1 2022. (5-10% of FFO stress-tested at lower prices including US$55/bbl WTI) while continuing to focus on debt reduction. As further debt targets are achieved, the company will consider augmenting return of capital through fixed dividend increases, share buybacks and/or special dividends. Press Release