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. Stockholders of record on Thursday, May 29th will be given a dividend of $0.29 per share on Monday, June 30th. This represents a dividend yield of 2.22%. The ex-dividend date of this dividend is Thursday, May 29th. The official announcement can be seen at this link.

Diversified Energy Price Performance

Shares of LON:DEC traded up GBX 15 ($0.19) during midday trading on Tuesday, hitting GBX 1,010 ($13.12). 8,045,155 shares of the stock were exchanged, compared to its average volume of 550,179. The stock has a market cap of £644.09 million, a P/E ratio of 4.18, a PEG ratio of -0.32 and a beta of 0.19. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 316.76. Diversified Energy has a twelve month low of GBX 818.50 ($10.63) and a twelve month high of GBX 1,427 ($18.53). The company has a 50 day moving average price of GBX 1,210.66 and a 200-day moving average price of GBX 1,101.41.

Diversified Energy Company Profile

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.