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

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 given a dividend of $0.12 per share on Friday, December 20th. This represents a dividend yield of 9.56%. The ex-dividend date is Thursday, November 28th. This is a positive change from Ithaca Energy’s previous dividend of $0.10. The official announcement can be accessed at this link.

Ithaca Energy Price Performance

Shares of ITH stock opened at GBX 114 ($1.44) on Friday. The company has a fifty day moving average price of GBX 104.07 and a two-hundred day moving average price of GBX 116.87. Ithaca Energy has a one year low of GBX 94.38 ($1.19) and a one year high of GBX 170 ($2.14). The stock has a market cap of £1.88 billion and a P/E ratio of 908.33.

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.