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

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

Diversified Energy Price Performance

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 debt-to-equity ratio of 316.76, a quick ratio of 0.37 and a current ratio of 0.44. The stock’s 50 day simple moving average is GBX 1,210.66 and its 200 day simple moving average is GBX 1,101.41. The firm has a market capitalization of £644.09 million, a PE ratio of 4.18, a P/E/G ratio of -0.32 and a beta of 0.19.

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.