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

Diversified Energy logo with Energy background
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Diversified Energy Company PLC (LON:DEC - Get Free Report) declared a dividend on Monday, March 17th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 29th will be paid a dividend of $0.29 per share on Monday, June 30th. This represents a 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 Stock Performance

Diversified Energy stock traded down GBX 19 ($0.25) during trading hours on Friday, reaching GBX 1,039 ($13.42). 276,032 shares of the stock were exchanged, compared to its average volume of 397,370. The stock has a market cap of £662.59 million, a P/E ratio of 4.30, a P/E/G ratio of -0.32 and a beta of 0.19. The company has a debt-to-equity ratio of 316.76, a quick ratio of 0.37 and a current ratio of 0.44. Diversified Energy has a 52-week low of GBX 818.50 ($10.57) and a 52-week high of GBX 1,427 ($18.42). The firm's 50 day moving average is GBX 1,184.69 and its 200 day moving average is GBX 1,103.03.

Insider Transactions at Diversified Energy

In other news, insider David Edward Johnson bought 1,250 shares of Diversified Energy stock in a transaction on Tuesday, March 18th. The shares were bought at an average cost of GBX 1,020 ($13.17) per share, for a total transaction of £12,750 ($16,462.23). Also, insider Martin Keith Thomas acquired 700 shares of the business's stock in a transaction dated Thursday, March 20th. The shares were bought at an average price of GBX 1,060 ($13.69) per share, for a total transaction of £7,420 ($9,580.37). Corporate insiders own 18.06% of the company's stock.

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Diversified Energy Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Diversified Energy (LON:DEC)

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