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flag Ithaca Energy's stock drops 11.1%, but the company announces a dividend yielding 6.56%.

flag Ithaca Energy's stock price fell 11.1% on Thursday, reaching GBX 138.94 ($1.79), with shares trading 36% above average volume. flag The company, which focuses on UK North Sea oil and gas, will pay a dividend of $0.12 per share on April 14th, yielding 6.56%. flag Despite the stock decline, Ithaca Energy has seen significant growth through acquisitions and organic investments.

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