Diversified Energy Company PLC (DEC) To Go Ex-Dividend on February 28th

Diversified Energy Company PLC (NYSE:DEC) announced a quarterly dividend on Tuesday, November 12th, Wall Street Journal reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.29 per share on Monday, March 31st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.32%. The ex-dividend date of this dividend is Friday, February 28th.

Diversified Energy Stock Performance

DEC opened at $13.94 on Wednesday. The stock’s fifty day simple moving average is $16.19 and its 200 day simple moving average is $14.16. Diversified Energy has a 1-year low of $10.54 and a 1-year high of $17.70.

Analyst Ratings Changes

Several analysts recently commented on the stock. Truist Financial lifted their target price on shares of Diversified Energy from $21.00 to $27.00 and gave the stock a “buy” rating in a report on Monday, January 6th. KeyCorp raised their price objective on shares of Diversified Energy from $18.00 to $19.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 7th.

Diversified Energy Company Profile

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.