Ithaca Energy plc (LON:ITH) to Issue Dividend of $0.12

Ithaca Energy plc (LON:ITH) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 28th will be paid a dividend of $0.12 per share on Friday, December 20th. This represents a yield of 9.56%. The ex-dividend date of this dividend is Thursday, November 28th. This is an increase from Ithaca Energy’s previous dividend of $0.10. The official announcement can be viewed at this link.

Ithaca Energy Trading Up 6.1 %

Shares of Ithaca Energy stock opened at GBX 115.60 ($1.45) on Friday. The firm has a market capitalization of £1.91 billion and a PE ratio of 963.33. Ithaca Energy has a twelve month low of GBX 94.38 ($1.18) and a twelve month high of GBX 170 ($2.13). The firm’s 50-day moving average price is GBX 104.32 and its 200 day moving average price is GBX 116.86.

Ithaca Energy Company Profile

Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea. The company own a portfolio of assets located in Northern and Central North Sea, Moray Firth, and West of Shetland area of the UKCS. Ithaca Energy plc was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022.