Dno Asa (OTCMKTS:DTNOF) Announces $0.31 Dividend

Dno Asa (OTCMKTS:DTNOFGet Free Report) declared a dividend on Tuesday, May 20th, investing.com reports. Stockholders of record on Friday, May 23rd will be paid a dividend of 0.3125 per share on Monday, June 2nd. This represents a dividend yield of 10.56%. The ex-dividend date of this dividend is Thursday, May 22nd.

Dno Asa Stock Performance

Shares of DTNOF stock remained flat at $1.14 during trading hours on Tuesday. The firm’s 50-day moving average is $1.15 and its two-hundred day moving average is $1.05. Dno Asa has a fifty-two week low of $0.85 and a fifty-two week high of $1.35.

Analyst Upgrades and Downgrades

Separately, DNB Markets downgraded Dno Asa to a “hold” rating in a research report on Tuesday, April 1st.

Get Our Latest Stock Analysis on DTNOF

About Dno Asa

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DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa.

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