Africa Oil Corp. (OTCMKTS:AOIFF - Get Free Report) announced a quarterly dividend on Thursday, March 20th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.0371 per share by the energy company on Friday, April 11th. This represents a $0.15 dividend on an annualized basis and a yield of 10.03%. The ex-dividend date is Thursday, March 27th.
Africa Oil Price Performance
Africa Oil stock traded up $0.01 on Wednesday, reaching $1.48. The company's stock had a trading volume of 159,644 shares, compared to its average volume of 141,951. Africa Oil has a twelve month low of $1.23 and a twelve month high of $1.91. The company has a market cap of $641.28 million, a price-to-earnings ratio of -1.76 and a beta of 0.97. The company has a debt-to-equity ratio of 0.01, a quick ratio of 8.99 and a current ratio of 8.99. The business's fifty day moving average price is $1.35 and its 200 day moving average price is $1.35.
Wall Street Analyst Weigh In
Separately, Barclays upgraded Africa Oil to a "strong-buy" rating in a research report on Tuesday, January 21st.
Read Our Latest Report on Africa Oil
About Africa Oil
(
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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.
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