On Monday, i3 Energy PLC (AIM:I3E)(TSX:ITE), an independent oil and gas company with operations in the UK and Canada, declared its third-quarter 2023 dividend. The dividend, totaling £3.083 million (GBP1 = USD1.2224), equates to 0.2565 pence per share for the quarter.
The ex-dividend date has been set for October 12, 2023, with the record date following on October 13, 2023. Payments are expected to be made on October 27, 2023. Shareholders holding their shares on the Toronto Stock Exchange (TSX) will receive payments in Canadian dollars, using the exchange rate from the Bank of England at close on the dividend announcement date, October 2, 2023.
i3 Energy operates in Canada’s Western Canadian Sedimentary Basin and holds appraisal assets in the North Sea. The company is committed to delivering growth through the optimization of its wholly-owned asset base and acquiring long-life, low-decline conventional production assets.
The company has also expressed its dedication to responsible corporate practices and environmental stewardship. It places a high value on strong Environmental, Social, and Governance (ESG) practices and is proud of its performance to date as a responsible steward of the environment, people, and capital management. i3 Energy is committed to maintaining an ESG strategy that extends beyond regulatory requirements to contribute to long-term value creation.
i3 Energy is listed on the AIM market of the London Stock Exchange under the symbol I3E and on the Toronto Stock Exchange under the symbol ITE.
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