Vermilion
Vermilion
Vermilion

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  • Vision - To be recognized as the best high dividend oil & gas producer using a value driven growth strategy.  
  • Mission - To consistently deliver superior rewards to investors, employees, partners & the communities in which we operate.
  • Core Values - Excellence, Trust, Respect and Responsibility

The information contained in news releases posted to this website was accurate at the time of posting, but may be superseded by subsequent news releases.

Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for May 16, 2016 Payment Date

April 11, 2016

CALGARY, April 11, 2016 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on  May 16, 2016 to all shareholders of record on April 22, 2016.  The ex-dividend date for this payment is April 20, 2016.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia. Our business model targets annual organic production growth, along with providing reliable and increasing dividends to investors.  Vermilion is targeting growth in production primarily through the exploitation of light oil and liquids-rich natural gas conventional resource plays in Canada and the United States, the exploration and development of high impact natural gas opportunities in the Netherlands and Germany, and through oil drilling and workover programs in France and Australia.  Vermilion also holds an 18.5% working interest in the Corrib gas field in Ireland.  Vermilion pays a monthly dividend of Canadian $0.215 per share, which provides a current yield of approximately 7%.  Management and directors of Vermilion hold approximately 6% of the outstanding shares, are committed to consistently delivering superior rewards for all stakeholders, and have delivered a 20-year history of market outperformance.  Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

SOURCE Vermilion Energy Inc.

PDF available at: http://stream1.newswire.ca/media/2016/04/11/20160411_C3631_PDF_EN_661510.pdf

For Releases prior to 2007 – please contact Vermilion’s IR Department at 1-866-895-8101 or email investor_relations@vermilionenergy.com

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