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HomeMarketResultsMV Oil Trust Declares Quarterly Dividend of $0.41 (NYSE:MVO)

MV Oil Trust Declares Quarterly Dividend of $0.41 (NYSE:MVO)


MV Oil Belief (NYSE:MVOGet Rating) declared a quarterly dividend on Thursday, January fifth, Zacks studies. Traders of document on Tuesday, January seventeenth can be paid a dividend of 0.41 per share by the oil and fuel producer on Wednesday, January twenty fifth. This represents a $1.64 annualized dividend and a dividend yield of 11.07%. The ex-dividend date is Friday, January thirteenth.

MV Oil Belief has raised its dividend by a mean of 28.4% per 12 months over the past three years.

MV Oil Belief Inventory Down 6.4 %

Shares of NYSE:MVO opened at $14.81 on Friday. The inventory has a market cap of $170.32 million, a price-to-earnings ratio of seven.75 and a beta of 0.95. MV Oil Belief has a 12-month low of $8.20 and a 12-month excessive of $16.41. The enterprise’s 50 day transferring common is $13.82 and its 200 day transferring common is $12.76.

MV Oil Belief (NYSE:MVOGet Rating) final introduced its earnings outcomes on Thursday, November tenth. The oil and fuel producer reported $0.70 earnings per share (EPS) for the quarter. The corporate had income of $8.67 million for the quarter.

Institutional Inflows and Outflows

Hedge funds and different institutional traders have lately purchased and offered shares of the enterprise. BNP Paribas Arbitrage SNC boosted its place in MV Oil Belief by 61.6% within the third quarter. BNP Paribas Arbitrage SNC now owns 19,998 shares of the oil and fuel producer’s inventory value $249,000 after buying a further 7,623 shares over the last quarter. BNP Paribas Arbitrage SA bought a brand new place in MV Oil Belief within the first quarter value $137,000. Personal Advisor Group LLC bought a brand new place in MV Oil Belief within the first quarter value $128,000. Advisor Group Holdings Inc. boosted its place in MV Oil Belief by 446.1% within the first quarter. Advisor Group Holdings Inc. now owns 9,830 shares of the oil and fuel producer’s inventory value $116,000 after buying a further 8,030 shares over the last quarter. Lastly, UBS Group AG boosted its place in MV Oil Belief by 207.5% within the third quarter. UBS Group AG now owns 2,297 shares of the oil and fuel producer’s inventory value $29,000 after buying a further 1,550 shares over the last quarter. Hedge funds and different institutional traders personal 4.67% of the corporate’s inventory.

Analyst Upgrades and Downgrades

Individually, StockNews.com initiated protection on MV Oil Belief in a analysis report on Wednesday, October twelfth. They set a “purchase” ranking on the inventory.

About MV Oil Belief

(Get Rating)

MV Oil Belief acquires and holds internet income pursuits within the oil and pure fuel properties of MV Companions, LLC. Its properties embrace roughly 860 producing oil and fuel wells situated within the Mid-Continent area within the states of Kansas and Colorado. The corporate was included in 2006 and is predicated in Houston, Texas.

Featured Tales

Dividend History for MV Oil Trust (NYSE:MVO)

This prompt information alert was generated by narrative science know-how and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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