Serica Energy plc (LON:SQZ) Raises Dividend to GBX 14 Per Share

Serica Energy plc (LON:SQZGet Free Report) declared a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 27th will be paid a dividend of GBX 14 ($0.17) per share on Wednesday, July 24th. This represents a dividend yield of 7.22%. The ex-dividend date of this dividend is Thursday, June 27th. This is a positive change from Serica Energy’s previous dividend of $9.00. The official announcement can be accessed at this link.

Serica Energy Stock Performance

Shares of LON SQZ opened at GBX 204.87 ($2.53) on Thursday. The company has a current ratio of 2.01, a quick ratio of 1.22 and a debt-to-equity ratio of 27.84. Serica Energy has a 12 month low of GBX 166 ($2.05) and a 12 month high of GBX 271.77 ($3.36). The stock has a 50 day moving average of GBX 185.83 and a 200-day moving average of GBX 208.20. The company has a market capitalization of £806.10 million, a P/E ratio of 270.42, a P/E/G ratio of 2.15 and a beta of 0.43.

Insider Buying and Selling

In other news, insider Sian Lloyd purchased 2,114 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The stock was acquired at an average cost of GBX 187 ($2.31) per share, with a total value of £3,953.18 ($4,882.88). In other news, insider Martin Copeland purchased 19,000 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The stock was acquired at an average cost of GBX 179 ($2.21) per share, with a total value of £34,010 ($42,008.40). Also, insider Sian Lloyd purchased 2,114 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were purchased at an average cost of GBX 187 ($2.31) per share, with a total value of £3,953.18 ($4,882.88). In the last ninety days, insiders bought 138,369 shares of company stock valued at $25,371,238. Insiders own 41.71% of the company’s stock.

Serica Energy Company Profile

(Get Free Report)

Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea.

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Dividend History for Serica Energy (LON:SQZ)

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