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

Diversified Energy Company PLC (LON:DEC) declared 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 is Thursday, May 29th. The official announcement can be seen at this link.

Diversified Energy Stock Up 1.5 %

Shares of LON DEC traded up GBX 15 ($0.19) during mid-day trading on Tuesday, hitting GBX 1,010 ($13.12). The company had a trading volume of 8,045,155 shares, compared to its average volume of 550,179. The company has a market capitalization of £644.09 million, a PE ratio of 4.18, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The company has a debt-to-equity ratio of 316.76, a current ratio of 0.44 and a quick ratio of 0.37. Diversified Energy has a 1-year low of GBX 818.50 ($10.63) and a 1-year high of GBX 1,427 ($18.53). The business’s 50-day simple moving average is GBX 1,210.66 and its 200 day simple moving average is GBX 1,101.41.

About Diversified Energy

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.