Serica Energy plc (LON:SQZ) Declares Dividend of GBX 14

Serica Energy plc (LON:SQZ) announced a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 27th will be given a dividend of GBX 14 ($0.17) per share on Wednesday, July 24th. This represents a dividend yield of 7.22%. The ex-dividend date is Thursday, June 27th. This is an increase from Serica Energy’s previous dividend of $9.00. The official announcement can be viewed at this link.

Serica Energy Stock Up 5.2 %

LON SQZ opened at GBX 204.87 ($2.53) on Thursday. The company has a debt-to-equity ratio of 27.84, a quick ratio of 1.22 and a current ratio of 2.01. The firm has a 50-day simple moving average of GBX 185.83 and a 200 day simple moving average of GBX 208.20. Serica Energy has a twelve month low of GBX 166 ($2.05) and a twelve month high of GBX 271.77 ($3.36). The stock has a market cap of £806.10 million, a PE ratio of 270.42, a PEG ratio of 2.15 and a beta of 0.43.

Insider Activity at Serica Energy

In related news, insider Martin Copeland bought 19,000 shares of Serica Energy stock in a transaction that occurred on Thursday, March 7th. The stock was acquired at an average price of GBX 179 ($2.21) per share, for a total transaction of £34,010 ($42,008.40). In related news, insider Martin Copeland purchased 19,000 shares of the stock in a transaction on Thursday, March 7th. The shares were purchased at an average cost of GBX 179 ($2.21) per share, for a total transaction of £34,010 ($42,008.40). Also, insider Sian Lloyd purchased 2,114 shares of the stock in a transaction on Thursday, February 8th. The stock was bought at an average price of GBX 187 ($2.31) per share, for a total transaction of £3,953.18 ($4,882.88). Over the last 90 days, insiders purchased 138,369 shares of company stock worth $25,371,238. Company insiders own 41.71% of the company’s stock.

About Serica Energy

Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea.