AB, Aug. 11, 2022 /PRNewswire/ - Vermilion
Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to
announce a 33% increase to our quarterly cash dividend to
$0.08 CDN per share, payable on
October 17, 2022 to all shareholders
of record on September 30, 2022. The
ex-dividend date for this payment is September 29, 2022. 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 assets in North
America, Europe and
Australia. Our business model
emphasizes free cash flow generation and returning capital to
investors when economically warranted, augmented by value-adding
acquisitions. Vermilion's operations are focused on the
exploitation of light oil and liquids-rich natural gas conventional
resource plays in North America
and the exploration and development of conventional natural gas and
oil opportunities in Europe and
Vermilion's priorities are health and safety, the environment,
and profitability, in that order. Nothing is more important to
us than the safety of the public and those who work with us, and
the protection of our natural surroundings. We have been
recognized by leading ESG rating agencies for our transparency on
and management of key environmental, social and governance issues.
In addition, we emphasize strategic community investment in each of
our operating areas.
Employees and directors hold approximately 4% of our outstanding
shares and are committed to delivering long-term value for all
stakeholders. Vermilion trades on the Toronto Stock Exchange and
the New York Stock Exchange under the symbol VET.
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SOURCE Vermilion Energy Inc.