Africa Oil Corp. (TSE:AOI – Get Free Report) announced a quarterly dividend on Thursday, March 27th, TickerTech Dividends reports. Investors of record on Friday, April 11th will be paid a dividend of 0.0371 per share on Friday, April 11th. This represents a $0.15 annualized dividend and a yield of 7.20%. The ex-dividend date is Thursday, March 27th.
Africa Oil Stock Performance
Shares of AOI stock opened at C$2.06 on Friday. The business’s 50-day moving average price is C$1.94. Africa Oil has a 1 year low of C$1.71 and a 1 year high of C$2.61.
Analyst Upgrades and Downgrades
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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