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 yield | 4.6% |
Next dividend pay date | 17 Apr 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | UK£0.21 |
Dividend yield forecast in 3Y | 23.8% |
Recent dividend updates
Recent updates
The Ithaca Energy plc (LON:ITH) Analysts Have Been Trimming Their Sales Forecasts
Mar 29Ithaca Energy (LON:ITH) Takes On Some Risk With Its Use Of Debt
Mar 18Is Ithaca Energy plc (LON:ITH) Trading At A 25% Discount?
Feb 20Shareholders Would Enjoy A Repeat Of Ithaca Energy's (LON:ITH) Recent Growth In Returns
Jan 30There's Reason For Concern Over Ithaca Energy plc's (LON:ITH) Price
Jan 05Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 49% Undervaluation?
Oct 31Getting In Cheap On Ithaca Energy plc (LON:ITH) Might Be Difficult
Sep 20Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 42% Undervaluation?
Jun 08Ithaca Energy's (LON:ITH) Earnings Are Weaker Than They Seem
May 01Ithaca Energy plc Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next
Apr 02Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 34% Undervaluation?
Feb 11Stability 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 |
---|
Segment | Dividend 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.