Vaalco Energy (NYSE:EGY) declared a quarterly cash dividend of $0.0625 per share for the first quarter of 2026, signaling a commitment to shareholder returns even as the independent explorer reshapes its global portfolio.
The payout, which remains unchanged from the previous quarter, equates to an annualized dividend of $0.25 per share.
The dividend is payable on March 27, 2026, to stockholders of record as of the close of business on February 27, 2026.
This announcement marks the 17th consecutive quarter that the Houston-based firm has issued a dividend, a notable streak for a small-cap energy player navigating volatile commodity markets.
The decision comes on the heels of Vaalco’s recent strategic move to exit its Canadian operations—a divestiture aimed at high-grading its portfolio to focus on high-margin production in Gabon, Egypt, and Côte d’Ivoire.
While the current payout is firm, the company noted that future dividends remain subject to board approval, contingent on financial results and the progress of its 2026 offshore drilling campaigns.