Vectren Corp (NYSE:VVC) had declared a cash dividend of $0.4000 on Aug 3, 2016. The shares will quote ex-dividend on Aug 11, 2016 and the record date has been fixed for Aug 15, 2016. On Aug 3, 2016 share price, the yield comes out to be 3.1287%. The dividend payable date has been fixed on Sep 1, 2016.
In a different note, On Jul 27, 2016, Citigroup said it Maintains its rating on Vectren Corp. In the research note, the firm Raises the price-target to $44.00 per share. The shares have been rated ‘Neutral’ by the firm.
Vectren Corp (VVC) shares turned negative on Fridays trading session with the shares closing down -0.06 points or -0.12% at a volume of 2,07,534. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $51.02. The peak price level was also seen at $51.02 while the days lowest was $50.36. Finally the shares closed at $50.56. The 52-week high of the shares is $53.33 while the 52-week low is $37.26. According to the latest information available, the market cap of the company is $4,188 M.
Vectren Corp(VVC) last announced its earnings results on Aug 3, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $533.70M. Analysts had an estimated revenue of $585.40M. Earnings per share were $0.39. Analysts had estimated an EPS of $0.43.
Several Insider Transactions has been reported to the SEC. On Dec 16, 2015, Robert G Jones (director) purchased 98 shares at $40.74 per share price.
Vectren Corporation (Vectren) is an energy holding Company. The Company segregates its operations into groups including Utility Group and Nonutility Group. The Company’s wholly owned subsidiary Vectren Utility Holdings Inc. (Utility Holdings) serves as the intermediate holding company for three public utilities: Indiana Gas Company Inc. (Indiana Gas) Southern Indiana Gas and Electric Company (SIGECO) and Vectren Energy Delivery of Ohio Inc. (VEDO). The Company through Vectren Enterprises Inc. (Enterprises) is involved in non-utility activities in two primary business areas: Infrastructure Services and Energy Services. Infrastructure Services provides underground pipeline construction and repair services. Energy Services provides energy performance contracting and sustainable infrastructure.