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

Ithaca Energy plc (LON:ITH) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders 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 is Thursday, November 28th. This is a boost from Ithaca Energy’s previous dividend of $0.10. The official announcement can be seen at this link.

Ithaca Energy Trading Up 5.8 %

Shares of Ithaca Energy stock opened at GBX 105.60 ($1.34) on Thursday. The company has a fifty day simple moving average of GBX 103.94 and a 200-day simple moving average of GBX 116.92. The stock has a market cap of £1.74 billion and a price-to-earnings ratio of 885.00. Ithaca Energy has a 12-month low of GBX 94.38 ($1.19) and a 12-month high of GBX 170 ($2.15).

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.