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

Africa Oil Corp. (OTCMKTS:AOIFF) declared a dividend on Friday, August 16th, NASDAQ reports. Investors of record on Monday, September 9th will be paid 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 Trading Down 2.3 %

AOIFF opened at $1.38 on Friday. Africa Oil has a 1-year low of $1.36 and a 1-year high of $2.48. The company has a market cap of $614.52 million, a price-to-earnings ratio of 9.84 and a beta of 1.02. The company’s fifty day moving average price is $1.65 and its two-hundred day moving average price is $1.71.

About Africa Oil

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.