Africa Oil Corp. Announces Dividend of $0.03 (OTCMKTS:AOIFF)

Africa Oil Corp. (OTCMKTS:AOIFF) declared a dividend on Friday, August 16th, NASDAQ reports. Stockholders of record on Monday, September 9th will be given a dividend of 0.025 per share by the energy company on Friday, September 27th. The ex-dividend date of this dividend is Monday, September 9th.

Africa Oil Stock Performance

OTCMKTS AOIFF opened at $1.38 on Friday. The firm’s 50 day moving average price is $1.64 and its two-hundred day moving average price is $1.71. The stock has a market cap of $614.52 million, a price-to-earnings ratio of 9.84 and a beta of 1.00. Africa Oil has a twelve month low of $1.36 and a twelve month high of $2.48.

Africa Oil Company Profile

Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone.