oil & gas assets
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Gone since 2014, Tullow brings back dividend for FY19



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Sub-Sahara specialist Tullow Oil will return to paying a dividend next year for the first time since 2014. It said it would pay out an annual dividend of at least $100 million from 2019 for a yield of nearly 3% paid semi-annually. The dividend will be based on the company’s free cash flow generation, while holding enough cash back to pay down debt and invest in the business. The company said the board would......
 
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