Horizon Oil Limited (ASX:HZN) to Issue $0.02 Final Dividend

Horizon Oil Limited (ASX:HZN) announced a final dividend on Thursday, October 10th, MarketIndexAU reports. Stockholders of record on Thursday, October 24th will be paid a dividend of 0.015 per share on Thursday, October 24th. This represents a dividend yield of 6.98%. The ex-dividend date of this dividend is Tuesday, October 15th.

Horizon Oil Price Performance

The company has a quick ratio of 1.71, a current ratio of 2.32 and a debt-to-equity ratio of 31.27.

About Horizon Oil

Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China and New Zealand. It holds interest in the Block 22/12 oil field in Beibu Gulf, China; and the PMP 38160 Maari/Manaia oil fields in New Zealand, as well as engages in the exploration and evaluation of hydrocarbons.