Ithaca Energy plc (LON:ITH) Raises Dividend to $0.12 Per Share

Ithaca Energy plc (LON:ITH) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 28th will be given a dividend of $0.12 per share on Friday, December 20th. This represents a dividend yield of 9.56%. The ex-dividend date of this dividend 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 Stock Up 2.1 %

Ithaca Energy stock opened at GBX 116.20 ($1.46) on Wednesday. Ithaca Energy has a 12-month low of GBX 94.38 ($1.19) and a 12-month high of GBX 161 ($2.02). The stock has a 50-day simple moving average of GBX 104.60 and a 200 day simple moving average of GBX 116.83. The stock has a market capitalization of £1.92 billion and a price-to-earnings ratio of 948.33.

About Ithaca Energy

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.