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Awilco Drilling reported Q1 results and announced dividend payable of
USD 0.20 per share. Dividend is payable on or around the 23
rd
of June 2017. Shares will trade ex
-
dividend on 23
rd
of May 2018 the record date will be 24
th
of
May
The Company’s dividend policy remains unchanged:
“The Company intends to distribute all free cash flow above a robust cash buffer
to support operational working capital requirements and capital expenditure,
including SPS.”
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