Does Vermilion Energy (VET) Pay a Dividend? (2026)
Last updated October 2026
Short answer
Yes. Vermilion Energy (VET) pays a dividend yielding about 2.89% as of October 2026, paid quarterly, four times a year. The latest payment on record was $0.0970 per share, ex-dividend September 15, 2026. The forward annual rate is roughly $0.38 per share, about $289 a year on a $10,000 position before tax. Figures are approximate and dated; verify the current number with your broker.
Does Vermilion Energy (VET) pay a dividend?
Yes. Vermilion Energy distributes a dividend yielding roughly 2.89% as of October 2026, paid quarterly, four times a year. The most recent payment on record was $0.0970 per share, with an ex-dividend date of September 15, 2026. Annualized, that is about $0.38 per share.
Because trailing GAAP earnings are negative after writedowns and hedge marks, investors usually value Vermilion on fund flows and free cash flow rather than on a trailing P/E. First-half 2026 fund flows were C$3.04 per share, which annualizes to about C$6 per share against a Toronto price of roughly C$18.50. On forward estimates, the P/E is about 10. The C$0.135 quarterly dividend implies a yield of roughly ~3%. Third-quarter 2026 results are expected in late October or early November 2026, and will reflect planned maintenance downtime.
VET dividend at a glance
| 2026-09-15 | $0.097 |
| 2026-06-15 | $0.097 |
| 2026-03-13 | $0.099 |
| 2025-06-30 | $0.095 |
| 2025-03-31 | $0.091 |
| 2024-12-31 | $0.084 |
VET dividend data as of October 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with VET's investor relations page before relying on it.
Is the VET dividend covered?
Vermilion Energy paid out about 142% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for VET is whether the cash-flow measure covers the payout, not the earnings-based ratio.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the VET dividend has changed
The latest payment of $0.0970 per share compares with $0.0910 in the equivalent payment a year earlier (March 31, 2025). That is a change of 6.6% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on VET's investor relations page.
What VET's dividend means for you
- Income: about $289 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for VET the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How VET dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the VET dividend
Vermilion Energy (VET) pays about 2.89%, or roughly $0.38 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the VET guide. Walnut can show how VET fits your real portfolio. It is not an investment adviser.
Investing in Vermilion Energy with AI
Connect the broker you already use and ask Walnut's AI how VET fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Vermilion Energy (VET) pay a dividend?
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Yes. Vermilion Energy pays a dividend yielding roughly 2.89% as of October 2026, paid quarterly, four times a year. The most recent payment on record was $0.0970 per share with an ex-dividend date of September 15, 2026. That works out to a forward annual rate of about $0.38 per share. Yields move with the share price, so verify the current figure with your broker or VET's investor relations page before relying on it.
What is VET's dividend yield?
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About 2.89% as of October 2026. On a $10,000 position that is roughly $289 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so VET yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does VET pay its dividend?
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Vermilion Energy pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of September 15, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on VET's investor relations page, because boards can change both the amount and the timing.
When is VET's ex-dividend date?
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The ex-dividend date recorded in our October 2026 data pull is September 15, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check VET's investor relations page for the next confirmed date.
Has Vermilion Energy raised its dividend recently?
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Yes. The latest payment of $0.0970 per share is above the $0.0910 paid in the same slot a year earlier, an increase of about 6.6%. One raise is not a policy, though: check the multi-year record on VET's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is VET's dividend safe?
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Vermilion Energy paid out about 142% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for VET is whether the cash-flow measure covers the payout, not the earnings-based ratio. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in VET?
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At a yield of about 2.89%, roughly $289 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are VET dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest VET dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each VET payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Vermilion Energy pay a dividend?
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Yes. As of October 2026, Vermilion pays a quarterly dividend of C$0.135 per share, most recently paid on September 29, 2026 to holders of record on September 15. For US holders of the NYSE shares that works out to about US$0.097 per quarter at recent exchange rates, or a yield of roughly 3%. The dividend has risen in Canadian dollars from about C$0.12 per quarter in 2024. In July 2026 the company raised its return-of-capital target to 40% to 60% of excess free cash flow, from 40%, split between the dividend and share buybacks. Canadian dividends paid to non-residents are generally subject to Canadian withholding tax, which a tax treaty may reduce, so the amount a US investor actually receives can be lower than the declared figure.
Walnut is informational, not investment advice. Dividend figures on this page come from a October 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with VET's investor relations page or your broker before acting on them.