SEPLAT Petroleum Development (LSE: SEPL) has declared, under its dividend policy, a yearly cash dividend in the amount of p2.77 per common share.
The dividend will be payable on 11/27/2024, to holders of record at the close of business on 11/11/2024.
SEPL has a dividend yield of 4.26%.
SEPLAT Petroleum Development Company PLC is a Nigerian independent upstream oil and gas company which focuses on production and development opportunities in Nigeria. The company has two reportable segments namely Oil and Gas. It generates maximum revenue from the Gas segment. Geographically, it derives majority revenue from Switzerland. The company’s exploration assets include OMLs 4, 38 and 41 which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.
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