Seplat Energy (LON:SEPL) Sets New 12-Month High After Dividend Announcement

Seplat Energy Plc (LON:SEPL) shares hit a new 52-week high on Tuesday following a dividend announcement from the company. The company traded as high as GBX 169.01 ($2.12) and last traded at GBX 168 ($2.11), with a volume of 157837 shares. The stock had previously closed at GBX 166.50 ($2.09).

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

Seplat Energy Stock Up 0.9 %

The stock has a 50-day simple moving average of GBX 145.87 and a two-hundred day simple moving average of GBX 135.46. 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 firm has a market cap of £988.58 million, a PE ratio of 1,513.64, a P/E/G ratio of 0.09 and a beta of 0.48.

Seplat Energy Company Profile

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.