GeoPark Ltd. announced a quarterly cash dividend of USD$0.13 per share in a May 3 press release. The dividend, which amounts to $7.5 million in the aggregate, will be payable as of May 31.

In addition, GeoPark says the company is still committed to ensuring a return of approximately half of all free cash flow after taxes to shareholders.

GeoPark is a Latin American oil and gas company with assets in Colombia, Ecuador, Chile and Brazil, according to the company’s website.