Eland Oil & Gas PLC announced that the company plans to pay an ordinary dividend based on the Group's free cash flow generation, whilst ensuring an appropriate balance between investment in its business and operating within its debt and banking facility. It is expected that the maiden dividend will be declared for the year ended 31 December 2019 and it is expected to deliver a dividend yield of between 2.0% - 2.5% and will be payable semi-annually, split between the interim and final dividend (1/3:2/3).