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Seplat To Pay Interim Dividend Of US$0.05 To Investors FY17

BY NKECHI  NAECHE —-The leading Nigerian independent oil and gas company, Seplat Petroleum Development Company Plc, at the weekend said it has recommended an interim dividend of US$0.05 for its investors for the year ended 31 December, 2017.

The company which is also listed on both the London and Nigerian stock exchanges with a strategic focus in the Niger Delta of Nigeria, also disclosed the exchange rate for the Naira or pounds sterling amounts payable will be determined by reference to the relevant exchange rates applicable to the US dollar on 16th May 2018 and will be communicated by the Company on 17th May 2018.

The indigenous oil and gas firm further said that qualification date is 16th May 2018, closure date 17th May 2018 and payment date has been fixed for 8th June 2018,

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