Ithaca Energy Dividend

Dividend criteria checks 3/6

Ithaca Energy is a dividend paying company with a current yield of 23.6%. Next payment date is on 17th April, 2024 with an ex-dividend date of 28th March, 2024.

Key information

23.6%

Dividend yield

185%

Payout ratio

Industry average yield4.6%
Next dividend pay date17 Apr 24
Ex dividend date28 Mar 24
Dividend per sharen/a
Earnings per shareUK£0.21
Dividend yield forecast in 3Y23.8%

Recent dividend updates

Recent updates

The Ithaca Energy plc (LON:ITH) Analysts Have Been Trimming Their Sales Forecasts

Mar 29
The Ithaca Energy plc (LON:ITH) Analysts Have Been Trimming Their Sales Forecasts

Ithaca Energy (LON:ITH) Takes On Some Risk With Its Use Of Debt

Mar 18
Ithaca Energy (LON:ITH) Takes On Some Risk With Its Use Of Debt

Is Ithaca Energy plc (LON:ITH) Trading At A 25% Discount?

Feb 20
Is Ithaca Energy plc (LON:ITH) Trading At A 25% Discount?

Shareholders Would Enjoy A Repeat Of Ithaca Energy's (LON:ITH) Recent Growth In Returns

Jan 30
Shareholders Would Enjoy A Repeat Of Ithaca Energy's (LON:ITH) Recent Growth In Returns

There's Reason For Concern Over Ithaca Energy plc's (LON:ITH) Price

Jan 05
There's Reason For Concern Over Ithaca Energy plc's (LON:ITH) Price

Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 49% Undervaluation?

Oct 31
Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 49% Undervaluation?

Getting In Cheap On Ithaca Energy plc (LON:ITH) Might Be Difficult

Sep 20
Getting In Cheap On Ithaca Energy plc (LON:ITH) Might Be Difficult

Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 42% Undervaluation?

Jun 08
Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 42% Undervaluation?

Ithaca Energy's (LON:ITH) Earnings Are Weaker Than They Seem

May 01
Ithaca Energy's (LON:ITH) Earnings Are Weaker Than They Seem

Ithaca Energy plc Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

Apr 02
Ithaca Energy plc Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 34% Undervaluation?

Feb 11
Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 34% Undervaluation?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether ITH's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if ITH's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Ithaca Energy Dividend Yield vs Market
How does ITH dividend yield compare to the market?
SegmentDividend Yield
Company (ITH)23.6%
Market Bottom 25% (GB)2.2%
Market Top 25% (GB)5.9%
Industry Average (Oil and Gas)4.6%
Analyst forecast in 3 Years (ITH)23.8%

Notable Dividend: ITH's dividend (23.6%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).

High Dividend: ITH's dividend (23.6%) is in the top 25% of dividend payers in the UK market (6%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (185%), ITH's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49.2%), ITH's dividend payments are well covered by cash flows.


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