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

Diversified Energy Company PLC (LON:DEC) announced a dividend on Wednesday, November 12th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, February 27th will be paid a dividend of $0.29 per share on Monday, March 31st. This represents a dividend yield of 2.29%. The ex-dividend date of this dividend is Thursday, February 27th. The official announcement can be viewed at this link.

Diversified Energy Trading Up 2.4 %

DEC stock opened at GBX 1,134 ($14.31) on Tuesday. The firm has a market cap of £723.17 million, a P/E ratio of 4.69, a P/E/G ratio of -0.32 and a beta of 0.19. The business’s 50 day moving average is GBX 1,305.47 and its 200-day moving average is GBX 1,107.19. Diversified Energy has a 1-year low of GBX 818.50 ($10.33) and a 1-year high of GBX 1,427 ($18.01). 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 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.