By Marc Lichtenfeld Energy stocks are on investors’ radars these days as tensions rise in Iran.
So today, we’re looking at an energy producer that we’ve never analyzed before in this Safety Net column.
Vermilion Energy (NYSE: VET) is based in Calgary, but it also has operations in the U.S., the Netherlands, Germany, France and Australia.
The company has paid a monthly dividend for nearly 17 years. It has never cut the dividend and has raised it four times.
Vermilion currently pays a CA$0.23 per share monthly dividend, which comes out to about $0.18 in U.S. dollars. That equates to a 13% annual yield.
Impressive. But will that …read more
