Veren Inc. (NYSE:VRN) Announces Quarterly Dividend of $0.08

Veren Inc. (NYSE:VRN) declared a quarterly dividend on Friday, February 28th, Wall Street Journal reports. Investors of record on Saturday, March 15th will be given a dividend of 0.0797 per share on Tuesday, April 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date of this dividend is Friday, March 14th.

Veren Price Performance

NYSE:VRN opened at $5.87 on Wednesday. The firm’s fifty day moving average price is $5.25 and its two-hundred day moving average price is $5.60. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market cap of $3.59 billion, a P/E ratio of 4.19 and a beta of 2.08. Veren has a one year low of $4.40 and a one year high of $9.02.

About Veren

Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.