Diversified Energy Company PLC to Issue Quarterly Dividend of $0.29 (NYSE:DEC)

Diversified Energy Company PLC (NYSE:DEC) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Wednesday, December 2nd will be paid a dividend of 0.29 per share on Thursday, December 31st. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Wednesday, December 2nd.

Diversified Energy Trading Down 0.2%

Shares of DEC stock opened at $13.06 on Thursday. The company has a debt-to-equity ratio of 3.57, a quick ratio of 0.47 and a current ratio of 0.47. The company has a market capitalization of $944.47 million, a price-to-earnings ratio of 3.71 and a beta of -0.38. The company has a 50-day simple moving average of $13.52 and a two-hundred day simple moving average of $14.43. Diversified Energy has a 52-week low of $12.33 and a 52-week high of $18.90.

About Diversified Energy

Diversified Energy Company PLC (NYSE: DEC) is an independent oil and natural gas producer focused on the acquisition and optimization of legacy onshore assets in the United States. The company’s portfolio spans thousands of producing wells and extensive leasehold positions across core regions such as Appalachia, the Permian Basin and the Mid-Continent. By targeting mature properties, Diversified Energy seeks to enhance long-term recovery through operational efficiencies and capital discipline.

The company’s business model centers on fee-based infrastructure and midstream services that provide stable and predictable cash flows.