Abu Dhabi's Dana Gas jumps on dividend hopes | ZAWYA MENA Edition:
"Shares in Abu Dhabi-listed Dana Gas surge 4.4 percent to 0.96 dirham in early, active trade. Company said in late March it would seek shareholder approval to pay a dividend for 2017, its first in years; at weekend, it published on its website report by Al-Khaleej newspaper saying "the Board can also now continue to recommend dividends in future years". Newspaper says dividend policy can be supported by various large sources of funds, including arbitration by Dana's affiliate Crescent Petroleum against Iran, and Dana is already funded to develop assets in Iraq's Kurdistan."
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