Diversified Energy Company PLC (NYSE:DEC) Plans $0.29 Quarterly Dividend

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

Diversified Energy Trading Down 0.2%

Shares of DEC opened at $13.06 on Thursday. Diversified Energy has a twelve month low of $12.33 and a twelve month high of $18.90. The company has a market cap of $944.47 million, a P/E ratio of 3.71 and a beta of -0.38. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 3.57. The company’s fifty day simple moving average is $13.52 and its 200-day simple moving average is $14.43.

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.