Diversified Energy Company PLC (DEC) To Go Ex-Dividend on May 29th

Diversified Energy Company PLC (NYSE:DEC) declared a quarterly dividend on Thursday, February 26th. Shareholders of record on Friday, May 29th will be given a dividend of 0.29 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Friday, May 29th.

Diversified Energy Trading Down 2.5%

NYSE:DEC opened at $15.10 on Wednesday. The business’s 50-day moving average is $16.13 and its two-hundred day moving average is $14.74. The company has a debt-to-equity ratio of 3.57, a current ratio of 0.47 and a quick ratio of 0.47. Diversified Energy has a 12 month low of $12.33 and a 12 month high of $18.90. The firm has a market capitalization of $1.09 billion, a PE ratio of 10.27 and a beta of -0.34.

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.