Diversified Energy Company PLC (DEC) to Issue Dividend of $0.29 on March 31st

Diversified Energy Company PLC (LON:DEC) announced a dividend on Tuesday, November 12th,Upcoming Dividends.Co.Uk reports. Shareholders 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 viewed at this link.

Diversified Energy Price Performance

DEC opened at GBX 1,036 ($13.33) on Thursday. The stock has a market cap of £502.56 million, a P/E ratio of 486.79, a P/E/G ratio of -0.32 and a beta of 0.19. Diversified Energy has a 12 month low of GBX 818.50 ($10.53) and a 12 month high of GBX 1,516.14 ($19.51). The company has a quick ratio of 0.37, a current ratio of 0.44 and a debt-to-equity ratio of 309.61. The company has a fifty day simple moving average of GBX 895.03 and a 200 day simple moving average of GBX 1,029.75.

Insiders Place Their Bets

In related news, insider Sandra Stash acquired 1,040 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The shares were acquired at an average cost of GBX 1,125 ($14.48) per share, with a total value of £11,700 ($15,055.98). Corporate insiders own 18.06% of the company’s stock.

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.