Africa Oil Corp. (TSE:AOI – Get Free Report) declared a quarterly dividend on Thursday, March 27th, TickerTech Dividends reports. Investors of record on Friday, April 11th will be given a dividend of 0.0371 per share on Friday, April 11th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date is Thursday, March 27th.
Africa Oil Stock Down 2.3 %
AOI opened at C$2.08 on Friday. Africa Oil has a 52 week low of C$1.71 and a 52 week high of C$2.61. The firm’s 50 day moving average is C$1.94.
Wall Street Analyst Weigh In
Separately, Barclays upgraded Africa Oil to a “strong-buy” rating in a research note on Tuesday, January 21st.
About Africa Oil
Africa Oil Corp is an international oil and gas exploration company. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.
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