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 of this dividend is Thursday, March 27th.
Africa Oil Price Performance
Shares of AOI opened at C$2.08 on Friday. Africa Oil has a 1-year low of C$1.71 and a 1-year high of C$2.61. The company has a fifty day moving average of C$1.94.
Wall Street Analyst Weigh In
Separately, Barclays raised Africa Oil to a “strong-buy” rating in a report 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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