Vermillion Energy: A New Dividend Yield Trap?

With Ensign Energy cutting its dividend in half, the S&P/TSX Composite Index has a new dividend yield leader in Vermillion Energy (VET). In this post, I will take you through a detailed analysis of the company's balance sheet and cash flow statement, including its historical metrics and that of its competitors, to determine if Vermillion Energy is a dividend yield trap.

The ETF DaddyNovember 19, 2019Vermillion Energy, Dviidend Yield, Dividend Yield Trap, Highest Dividend Yield, Seven Generations Energy, Crescent Point Energy, Parex Resources, PrairieSky Royalty, Tourmaline Oil