Serica Energy plc (LON:SQZ) Increases Dividend to GBX 3.50 Per Share

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Serica Energy plc (LON:SQZ) announced a dividend on Thursday, April 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 24th will be paid a dividend of GBX 3.50 ($0.05) per share on Friday, July 23rd. This represents a dividend yield of 2.97%. The ex-dividend date is Thursday, June 24th. This is an increase from Serica Energy’s previous dividend of $3.00. The official announcement can be viewed at this link.

Shares of Serica Energy stock opened at GBX 120 ($1.57) on Friday. Serica Energy has a 1 year low of GBX 76.10 ($0.99) and a 1 year high of GBX 135 ($1.76). The firm has a market cap of £321.60 million and a PE ratio of 6.90. The stock has a fifty day moving average price of GBX 117.66 and a 200-day moving average price of GBX 113.23. The company has a debt-to-equity ratio of 11.39, a current ratio of 1.83 and a quick ratio of 1.72.

About Serica Energy

Serica Energy plc, an upstream oil and gas company, engages in the identification, acquisition, exploration, and exploitation of oil and gas reserves. Its primary focus is on the production and development in the United Kingdom North Sea, complemented by a portfolio of oil and gas exploration opportunities, including interests in offshore license blocks in the United Kingdom North Sea, and Namibia.

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