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Ithaca Energy Announces Third Interim Dividend for 2024

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Ithaca Energy Announces Third Interim Dividend for 2024

Confident Investing Starts Here:

Ithaca Energy PLC ( (GB:ITH) ) just unveiled an update.

Ithaca Energy has announced a third interim dividend for 2024 amounting to $200 million, equivalent to $0.1209 per ordinary share, to be paid on April 25, 2025. This move reflects the company’s commitment to delivering attractive and sustainable returns, supported by its emissions-reduction strategy and focus on energy security, aligning with the UK Government’s priorities.

More about Ithaca Energy PLC

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea. It has a strong track record of material value creation through organic investment and acquisitions, including a recent business combination with Eni UK. Ithaca Energy is one of the largest independent oil and gas companies in the UK Continental Shelf, with significant reserves and operational capabilities, playing a key role in delivering domestic energy security.

YTD Price Performance: 28.80%

Average Trading Volume: 1,313,939

Technical Sentiment Signal: Strong Sell

Current Market Cap: £2.35B

For detailed information about ITH stock, go to TipRanks’ Stock Analysis page.

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