Ithaca Energy Share Discussion Threads

[kibes] 12/4/2024 11:44

But what is post tax CFFO going to be in 2024? I don't see any estimates.

[peterlowen] 04/4/2024 13:21

From full year results:-

· Reaffirming dividend policy for 2024 targeting dividend at the top end of our capital allocation policy range of 15 - 30% post-tax CFFO

[kibes] 04/4/2024 07:55

If the dividend is going to remain at 10p paid quarterly that is 40p/year for a share currently worth 120p. That doesn't look viable to me so either a) Ithaca is grossly undervalued by a factor of at least 3 times or b) they will cut the dividend. I don't know which is the case. And a lot of fuss is made about UK taxes now running at 75% but in fact in Norway they have always been 78% and nobody complains?

[cowie19] 02/4/2024 17:35

Timing could have been better - hindsight is a wonderful thing.

[cowie19] 30/3/2024 22:13

Bought more Thursday

[r9505571] 28/3/2024 19:12

Ithaca Energy and Hargreaves Lansdown were all weaker as they traded without entitlement to the dividend.

[s34icknote] 28/3/2024 08:34

Ex div today ?

[hpotter] 27/3/2024 16:48

Dividend is quarterly.

[36redhill] 27/3/2024 16:12

New to this share. Can't seem to find out if the dividend is quarterly or half yearly.Regards all

[kenmitch] 27/3/2024 15:03

Here’s the accurate date information on the next dividend:-



Unusually ex dividend day is not a Thursday. The gap to April 2nd for record date is almost certainly because the market is closed from the end of tomorrow until next Tuesday.

Fabulous 7.3% (just over 10p) dividend yield just on that next dividend!

[reallyrich] 27/3/2024 14:43

only going on what the ithaca website says?

[lonrho] 27/3/2024 14:23

watch it drop at open tmrw .

[reallyrich] 27/3/2024 13:50

2nd of April

Ithaca Energy is pleased to announce its third interim dividend of $134 million, representing $0.1321 per ordinary share. The third interim dividend will be paid on 17 April 2024 to shareholders on the share register on 2 April 2024.

The dividend is payable in cash in Sterling to holders of the ordinary shares. Sterling dividends payable will be converted from US dollars at the average of the mid-point of the market exchange rate on 27 March, 28 March and 2 April 2024. Accordingly, the Group will confirm the foreign exchange rate and the amount of the Sterling dividend payable in pence per share on 4 April 2024.

[lonrho] 27/3/2024 13:10

Ex dividend date is 28th march, 2nd of april is next tuesday, shares always go ex dividend on a thursday in UK.

[fletcher270] 27/3/2024 12:44

Check the news alert on this site at 21st March it's 2nd April

[hpotter] 27/3/2024 11:43

The big dividend, if maintained, should keep all shareholders happy.
The Neptune staff must be wondering about their future.

[mariopeter] 27/3/2024 09:34

Not much comment on today's potential deal. Seems neutral to me. 38.5% of your company (£562m+) for 100 mmbo and 40k+ bopd. That will generate plenty of cash to eat existing debt. Good to have ENI as a shareholder. If they can make money with the fiscal backdrop then Delek and other shareholders should, on balance, be happy.

[spindoctor111] 26/3/2024 22:14

No, ex-dividend date is 28th March.

[s34icknote] 25/3/2024 12:23

When does this go ex div ?

[popit] 23/3/2024 17:16

When are the results due here?

And is the dividend expected to be kept at the current level for this year and next year?

[lawson27] 15/2/2024 11:15

Joined you for the recovery here, GLA