Diversified Energy Company PLC Announces Dividend of $0.29 (LON:DEC)

Diversified Energy Company PLC (LON:DEC) announced a dividend on Monday, March 17th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.29 per share on Monday, June 30th. This represents a dividend yield of 2.22%. The ex-dividend date is Thursday, May 29th. The official announcement can be seen at this link.

Diversified Energy Stock Up 1.5 %

Diversified Energy stock traded up GBX 15 ($0.19) during midday trading on Tuesday, reaching GBX 1,010 ($13.12). The company’s stock had a trading volume of 8,045,155 shares, compared to its average volume of 550,179. Diversified Energy has a fifty-two week low of GBX 818.50 ($10.63) and a fifty-two week high of GBX 1,427 ($18.53). The company has a quick ratio of 0.37, a current ratio of 0.44 and a debt-to-equity ratio of 316.76. The company has a market cap of £644.09 million, a P/E ratio of 4.18, a P/E/G ratio of -0.32 and a beta of 0.19. The business has a 50-day simple moving average of GBX 1,210.66 and a 200-day simple moving average of GBX 1,101.41.

Diversified Energy Company Profile

Diversified Energy Company (DEC) is focused on acquiring and enhancing onshore gas and oil producing assets and related midstream properties in the United States. Our primary and historical area of operations are within the prolific Appalachian Basin, with additional operations in the states of Louisiana, Oklahoma and Texas announced with our entry to that region in 2021.