Shares of Ithaca Energy plc (LON:ITH – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday after the company announced a dividend. The stock traded as high as GBX 152.40 ($1.97) and last traded at GBX 151.60 ($1.96), with a volume of 1404737 shares. The stock had previously closed at GBX 142.20 ($1.84).
The newly announced dividend which will be paid on Monday, April 14th. Stockholders of record on Thursday, April 10th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 6.56%. Ithaca Energy’s payout ratio is currently 319.76%.
Ithaca Energy Stock Performance
The business’s 50-day moving average is GBX 134.38 and its two-hundred day moving average is GBX 117.31. The firm has a market capitalization of £3.37 billion and a price-to-earnings ratio of 18.45.
About Ithaca Energy
Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.
Read More
- Five stocks we like better than Ithaca Energy
- 3 Stocks to Consider Buying in October
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- Stock Analyst Ratings and Canadian Analyst Ratings
- Top 3 Beverage Stocks Pouring Out Profits
- What Does Downgrade Mean in Investing?
- CarMax and Carvana: Steering the Used Car Market
Receive News & Ratings for Ithaca Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ithaca Energy and related companies with MarketBeat.com's FREE daily email newsletter.
