Seplat Energy Plc has declared an interim dividend payout of N29.9 per ordinary share for investors on both the Nigerian and London stock exchanges.
This declaration comes after the company confirmed that dividends over a nine-month period would be calculated using an exchange rate of N996.75 to the US dollar, even as it faces headwinds from foreign exchange losses.
According to the oil and gas firm, the payment method for the dividends is contingent on the shareholders’ status concerning their Capital Importation Certificate (CCI) and where their depository interests lie.
