Seplat Energy (LON:SEPL) Reaches New 1-Year High Following Dividend Announcement

Seplat Energy Plc (LON:SEPLGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday after the company announced a dividend. The stock traded as high as GBX 169.01 ($2.12) and last traded at GBX 168 ($2.11), with a volume of 157837 shares trading hands. The stock had previously closed at GBX 166.50 ($2.09).

The newly announced dividend which will be paid on Friday, June 14th. Stockholders of record on Thursday, May 30th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 1.44%. Seplat Energy’s dividend payout ratio is presently 8,181.82%.

Seplat Energy Stock Down 5.7 %

The company has a quick ratio of 1.40, a current ratio of 1.36 and a debt-to-equity ratio of 42.22. The company’s 50 day moving average price is GBX 146.79 and its 200 day moving average price is GBX 135.88. The firm has a market capitalization of £920.91 million, a price-to-earnings ratio of 1,422.73, a P/E/G ratio of 0.09 and a beta of 0.48.

About Seplat Energy

(Get Free Report)

Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria, the Bahamas, Italy, Switzerland, Barbados, and England. It operates through two segments, Oil and Gas. The Oil segment explores, develops, and produces crude oil. Its Gas segment produces and processes gas.

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