MV Oil Trust (MVO) To Go Ex-Dividend on October 12th

MV Oil Trust (NYSE:MVO) announced a quarterly dividend on Wednesday, October 4th, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be given a dividend of 0.125 per share by the oil and gas producer on Wednesday, October 25th. This represents a $0.50 dividend on an annualized basis and a yield of 8.57%. The ex-dividend date is Thursday, October 12th.

MV Oil Trust has decreased its dividend by an average of 50.1% per year over the last three years.

Shares of MV Oil Trust (NYSE:MVO) traded up 0.1012% during trading on Wednesday, hitting $5.8374. The company’s stock had a trading volume of 2,505 shares. MV Oil Trust has a 52 week low of $4.80 and a 52 week high of $7.35. The firm’s 50 day moving average price is $5.33 and its 200-day moving average price is $5.83. The company has a market cap of $67.13 million, a PE ratio of 9.1209 and a beta of 0.29.

MV Oil Trust (NYSE:MVO) last issued its earnings results on Wednesday, August 9th. The oil and gas producer reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $3.08 million during the quarter. On average, analysts predict that MV Oil Trust will post $1.74 earnings per share for the current year.

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About MV Oil Trust

MV Oil Trust (the Trust) is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. Its underlying properties consist of MV Partners, LLC’s (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado.

Dividend History for MV Oil Trust (NYSE:MVO)NYSE:MVO) traded up 0.1012% during trading on Wednesday, hitting $5.8374. The company’s stock had a trading volume of 2,505 shares. MV Oil Trust has a 52 week low of $4.80 and a 52 week high of $7.35. The firm’s 50 day moving average price is $5.33 and its 200-day moving average price is $5.83. The company has a market cap of $67.13 million, a PE ratio of 9.1209 and a beta of 0.29.

MV Oil Trust (NYSE:MVO) last issued its earnings results on Wednesday, August 9th. The oil and gas producer reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $3.08 million during the quarter. On average, analysts predict that MV Oil Trust will post $1.74 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This news story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/11/mv-oil-trust-mvo-to-go-ex-dividend-on-october-12th.html.

About MV Oil Trust

MV Oil Trust (the Trust) is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. Its underlying properties consist of MV Partners, LLC’s (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado.

Dividend History for MV Oil Trust (NYSE:MVO)

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