DekelOil Public Limited announced the adoption of a progressive dividend policy and, in line with this, its intention to pay a maiden dividend in first half of 2017 in respect of the year ended December 31, 2016. Dividends will be distributed to qualifying shareholders following the release of the company's audited results for the financial year ended December 31, 2016. An update detailing the relevant record and ex-dividend dates will be provided in due course. The total maiden dividend to be paid in 2017 is expected to amount to approximately £500,000 and shareholders will have the option to receive either cash or shares by way of a scrip dividend.  Shareholders are advised that the default option is cash and that the appropriate documentation will be sent to shareholders in due course.