Horizon Oil Limited (ASX:HZN) to Issue $0.02 Interim Dividend

Horizon Oil Limited (ASX:HZN) announced a interim dividend on Thursday, February 26th, MarketIndexAU Dividends reports. Shareholders of record on Thursday, April 16th will be given a dividend of 0.015 per share on Thursday, April 16th. This represents a yield of 652.0%. The ex-dividend date of this dividend is Wednesday, April 8th.

Horizon Oil Price Performance

The firm has a market cap of $204.66 million, a PE ratio of 5.34 and a beta of 0.95. The company has a debt-to-equity ratio of 31.06, a current ratio of 2.32 and a quick ratio of 1.71.

About Horizon Oil

Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China and New Zealand. It holds interest in the Block 22/12 oil field in Beibu Gulf, China; and the PMP 38160 Maari/Manaia oil fields in New Zealand, as well as engages in the exploration and evaluation of hydrocarbons. Horizon Oil Limited was incorporated in 1969 and is based in Sydney, Australia.