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

Diversified Energy Company PLC (LON:DEC) declared a dividend on Thursday, August 15th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 28th will be given a dividend of $0.29 per share on Friday, December 27th. This represents a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, November 28th. The official announcement can be accessed at this link.

Diversified Energy Stock Performance

DEC opened at GBX 1,285 ($16.15) on Wednesday. Diversified Energy has a 1-year low of GBX 818.50 ($10.29) and a 1-year high of GBX 1,447 ($18.19). The company has a market capitalization of £623.35 million, a price-to-earnings ratio of 606.13, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The business has a 50 day moving average price of GBX 942.21 and a two-hundred day moving average price of GBX 1,035.74. The company has a debt-to-equity ratio of 309.61, a current ratio of 0.44 and a quick ratio of 0.37.

Insider Activity at Diversified Energy

In other Diversified Energy news, insider Sandra Stash bought 1,040 shares of Diversified Energy stock in a transaction that occurred on Tuesday, September 24th. The stock was purchased at an average cost of GBX 1,125 ($14.14) per share, for a total transaction of £11,700 ($14,707.73). Company insiders own 18.06% of the company’s stock.

About Diversified Energy

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.