Horizon Oil Limited (ASX:HZN – Get Free Report) announced a interim dividend on Tuesday, April 9th, MarketIndexAU reports. Stockholders of record on Thursday, April 25th will be paid a dividend of 0.015 per share on Thursday, April 25th. This represents a dividend yield of 8.11%. The ex-dividend date of this dividend is Wednesday, April 17th.
Horizon Oil Stock Performance
The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.71 and a current ratio of 3.05.
Insiders Place Their Bets
In other Horizon Oil news, insider Richard Beament 158,784 shares of the company’s stock in a transaction on Tuesday, February 27th. 34.21% of the stock is owned by company insiders.
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.
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