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

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 is Thursday, May 29th. The official announcement can be viewed at this link.

Diversified Energy Trading Down 2.5 %

Shares of DEC opened at GBX 982.50 ($12.77) on Wednesday. The company has a 50 day simple moving average of GBX 1,203.99 and a two-hundred day simple moving average of GBX 1,101.95. Diversified Energy has a 1 year low of GBX 818.50 ($10.64) and a 1 year high of GBX 1,427 ($18.55). The company has a debt-to-equity ratio of 316.76, a current ratio of 0.44 and a quick ratio of 0.37. The firm has a market cap of £626.56 million, a P/E ratio of 4.06, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19.

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.