Seplat Petroleum Development Company PLC Plans Dividend of $0.05 (LON:SEPL)

Seplat Petroleum Development Company PLC (LON:SEPL) announced a dividend on Tuesday, October 30th, Upcoming.Co.Uk reports. Stockholders of record on Monday, November 12th will be paid a dividend of $0.05 per share on Thursday, December 6th. This represents a dividend yield of 3.05%. The ex-dividend date is Monday, November 12th. The official announcement can be accessed at this link.

Shares of LON:SEPL traded up GBX 3 ($0.04) during trading on Monday, hitting GBX 122.50 ($1.60). 17,433 shares of the stock were exchanged, compared to its average volume of 75,063. Seplat Petroleum Development has a 1-year low of GBX 70 ($0.91) and a 1-year high of GBX 155.63 ($2.03).

In other news, insider Ambrosie Bryant Chukwueloka (A Orjiako acquired 250,000 shares of the firm’s stock in a transaction dated Thursday, November 1st. The shares were bought at an average price of GBX 129 ($1.69) per share, with a total value of £322,500 ($421,403.37).

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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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