July 24, 2019 / 6:16 AM / 4 months ago

Tullow Oil restores dividends with $33 mln payout

LONDON, July 24 (Reuters) - The board of British oil producer Tullow will pay an interim dividend of 2.35 cents per share, representing a total payout of about $33 million, it said on Wednesday.

The group’s first dividend since suspending payouts in 2015 follows a first half in which it doubled post-tax profit, to $103 million, from the same period last year. (Reporting by Shadia Nasralla Editing by David Goodman)

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