August 6, 2019 / 6:12 AM / 16 days ago

Genel Energy to pay $14 mln interim dividend

LONDON, Aug 6 (Reuters) - Iraqi Kurdistan-focused Genel Energy said it will pay an interim dividend of $0.05 per share, amounting to $14 million, as part of its pledge to pay out at least $40 million a year, it said on Monday.

Genel, which is also looking for acquisitions to add near-term production in or outside of Iraq, had $390 million of cash as of Aug. 5, it said. (Reporting by Shadia Nasralla, editing by Louise Heavens)

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