I3 Energy dividend yield calculator – i3 Energy PLC Declares Cash Dividend of 0.00171

☀️Dividends Yield

On May 26 2023, i3 Energy PLC announced that it will be paying out a cash dividend of 0.00171 GBP per share. This marks the first time the company has issued a dividend since its listing on the London Stock Exchange in 2021. Over the last two years, i3 Energy has paid out an average dividend per share of 0.01 GBP, with dividend yields of 3.82% and 1.43% for 2021 and 2022 respectively, yielding an average dividend yield of 2.62%. If you are looking for a dividend stock, I3 ENERGY ($LSE:I3E) may be an option, with its ex-dividend date set for May 25, 2023.

This means that if you own shares in the company as of this date, you are eligible for the dividend payout and it will be credited to your account. This is a great opportunity for those looking for an investment with a steady level of income. With its impressive average yield of 2.62%, I3 ENERGY is an attractive option for investors looking for a reliable dividend stock.

Stock Price

This came as the stock opened at £0.2 and closed at the same price, down 1.4% from its previous closing price of 0.2. After considering various factors, this is the dividend that has been declared. Shareholders should expect similar annual dividend distributions for the upcoming financial years. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for I3 Energy. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for I3 Energy. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for I3 Energy. More…

Key Ratios Snapshot

Some of the financial key ratios for I3 Energy are shown below. More…

Analysis

GoodWhale’s analysis of I3 ENERGY shows that it is a medium-risk investment. Our Risk Rating examines the financial and business aspects of the company and provides an overview of how risky it is. Furthermore, our analysis reveals 3 risk warnings in the company’s balance sheet, cashflow statement, and financial journal. To explore these further, become a registered GoodWhale user and have access to the full details of the company. With GoodWhale’s help, you can make sure that you are making an informed decision about your investment. More…

Peers

The oil and gas industry is one of the most fiercely competitive markets in the world, and i3 Energy PLC is no exception. In a highly competitive market, i3 Energy PLC faces stiff competition from some of the biggest names in the industry, such as MEG Energy Corp, Baytex Energy Corp, and Vermilion Energy Inc. These companies have been long-time rivals of i3 Energy PLC, vying for a share of the oil and gas market. The competition between these companies has been ongoing for years, and it shows no sign of relenting any time soon.

– MEG Energy Corp ($TSX:MEG)

MEG Energy Corp is a Canadian oil and gas company that produces oil and natural gas liquids from its operations in Alberta, Canada. Its market cap of 5.62B in 2023 reflects the company’s strong financial performance and its ability to deliver value to shareholders. The company’s Return on Equity of 20.67% indicates that it is able to generate profits from its invested capital and is efficiently using its assets to generate income. MEG Energy Corp has continued to focus on increasing its production and reducing costs, and its strong financial performance has been an important factor in its success.

– Baytex Energy Corp ($TSX:BTE)

Baytex Energy Corp is a Canadian oil and gas exploration, production and marketing company based in Calgary, Alberta. The company has a market capitalization of 3.33 billion dollars as of 2023, which is a measure of the total value of all of its outstanding shares. Additionally, Baytex Energy Corp has a Return on Equity (ROE) of 27.96%, which is an indication of how efficiently the company uses its equity to generate profits. This suggests that the company is making good use of its resources to maximize returns.

– Vermilion Energy Inc ($TSX:VET)

Vermilion Energy Inc is an international energy company whose primary focus is the acquisition, exploration, development, and production of oil and natural gas. It operates in several countries across North America and Europe with natural gas and oil reserves in Canada, the Netherlands, France, Germany and the United States. As of 2023, Vermilion Energy Inc has a market cap of 3.91B and a Return on Equity of 37.31%. This indicates that the company is generating a healthy amount of profits for its shareholders, as the return on equity for Vermilion Energy Inc is well above the industry average. The company’s market capitalization of 3.91B is also indicative of its strong financial performance and a rewarding investment opportunity for investors.

Summary

I3 ENERGY is a good investment option, with an average dividend per share of 0.01 GBP over the last two years. This makes the company attractive to investors seeking income, as the dividend yield for 2021 and 2022 were 3.82% and 1.43%, respectively, with an average yield of 2.62%. Furthermore, I3 ENERGY has a strong financial profile and experienced management team, making it an ideal investment choice for those looking for long-term returns. Additionally, the company is well-positioned to benefit from the current low-interest rate environment, making it an attractive option for those looking to diversify their portfolio.