NewMed Energy – Limited Partnership (OTC:DKDRF) Announces $0.05 Dividend

NewMed Energy – Limited Partnership (OTC:DKDRF) announced a dividend on Monday, March 10th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 20th will be paid a dividend of 0.0511 per share on Thursday, April 3rd. The ex-dividend date is Thursday, March 20th.

NewMed Energy – Limited Partnership Price Performance

Shares of OTC DKDRF opened at $4.00 on Wednesday. NewMed Energy – Limited Partnership has a fifty-two week low of $2.19 and a fifty-two week high of $4.05. The firm’s 50-day simple moving average is $3.66 and its 200 day simple moving average is $3.14.

NewMed Energy – Limited Partnership Company Profile

NewMed Energy – Limited Partnership engages in the exploration, development, production, and sale of petroleum, natural gas, and condensate in Israel and Cyprus. The company holds interests in the Leviathan project, which covers an area of 500 square kilometer (km2) located to the west of the shores of Haifa; the Block 12 that covers an area of approximately 386 km2 located in Cyprus; and the Yam Tethys project, which covers an area of approximately 500 km2 located to the west of the shores of Ashkelon.