By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Monday declared a N9.30 interim dividend per share to its shareholders for the third quarter (Q3) ended 30 September, 2014.

Seplat in its corporate action with the Nigerian Stock Exchange (NSE) said closure date for the N9.30 interim dividend per share is November 07, 2014.

The company announced that payment of the interim dividend will be on November 24, 2014 and it’s yet to schedule a date for its annual general meeting (AGM).

Seplat had last week reported its (Q3) profit after tax (PAT) went down 48.5 percent to N35.398 billion from N68.680 billion in the Q3 of 2013.

Also, its profit before tax (PBT) decreased from N54.281 billion in the nine months period of 2013 to N35.398 billion in the review period of 2014.

Revenue of the upstream oil and Gas Company depreciated 7.9 percent to N92.007 billion from N99.854 billion in the Q3 of 2013.