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

Diversified Energy Company PLC (LON:DEC) announced a dividend on Tuesday, November 12th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, February 27th will be given a dividend of $0.29 per share on Monday, March 31st. This represents a yield of 2.29%. The ex-dividend date is Thursday, February 27th. The official announcement can be accessed at this link.

Diversified Energy Stock Performance

DEC stock traded up GBX 41.92 ($0.54) during trading on Wednesday, reaching GBX 1,021.92 ($13.15). The company had a trading volume of 92,296 shares, compared to its average volume of 353,062. The firm has a 50-day simple moving average of GBX 891.76 and a 200-day simple moving average of GBX 1,030.39. The company has a market cap of £495.73 million, a price-to-earnings ratio of 470.66, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The company has a debt-to-equity ratio of 309.61, a quick ratio of 0.37 and a current ratio of 0.44. Diversified Energy has a twelve month low of GBX 818.50 ($10.53) and a twelve month high of GBX 1,516.14 ($19.51).

Insider Buying and Selling

In other Diversified Energy news, insider Sandra Stash acquired 1,040 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was acquired at an average cost of GBX 1,125 ($14.48) per share, for a total transaction of £11,700 ($15,055.98). 18.06% of the stock is owned by company insiders.

About Diversified Energy

Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates.