Seplat Petroleum Development Company PLC (SEPL) to Issue Dividend of $0.05 on May 23rd

Seplat Petroleum Development Company PLC (LON:SEPL) announced a dividend on Wednesday, March 6th, Upcoming.Co.Uk reports. Shareholders of record on Tuesday, March 19th will be paid a dividend of $0.05 per share on Thursday, May 23rd. This represents a yield of 3.01%. The ex-dividend date is Tuesday, March 19th. The official announcement can be seen at this link.

Shares of SEPL stock opened at GBX 128 ($1.67) on Thursday. Seplat Petroleum Development has a one year low of GBX 110 ($1.44) and a one year high of GBX 160 ($2.09). The company has a debt-to-equity ratio of 27.84, a current ratio of 2.65 and a quick ratio of 2.25. The stock has a market capitalization of $753.21 million and a PE ratio of 5.12.

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Seplat Petroleum Development Company Profile

Seplat Petroleum Development Company Plc, an oil and gas company, explores for, develops, and produces oil and gas in Nigeria. It operates a portfolio of assets in the Niger Delta region, including a 45% interest in the OML 4 that covers an area of 267 square kilometers; a 45% interest in OML 38 that covers an area of 2,094 square kilometers; and a 45% interest in OML 41 that covers an area of 291 square kilometers.

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