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WDS Limited (ASX:WDS) will continue its contract with Santos (ASX:STO) and declared a dividend of 2c per share.
The mining services company will roll-over the services agreement at the Roma, Fairview and Arcadia fields with for another year.
The board’s announcement of a 2c divided is for the third quarter and will be paid on 25 June and shares in the company jumped 3.55 per cent on the news.
WDS reported a net profit of $7.4 million in the first half of the 2014 financial year.