VOC Energy Trust (VOC) Surges on Heavy Volume Following Dividend News

VOC Energy Trust (NYSE: VOC) has been surging higher all day and is now up 23.5% on volume that is running 10x the norm.

After the close, the company declared a quarterly dividend of $0.21 per share, or $0.84 annualized. The dividend will be payable on May 12, 2017, to stockholders of record on May 1, 2017, with an ex-dividend date of April 27, 2017. This had a yield of 20.5% before today's jump.

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