Diversified Energy Company PLC (DEC) to Distribute Quarterly Dividend of $0.29 on December 31st

Diversified Energy Company PLC (NYSE:DEC) announced a quarterly dividend on Wednesday, August 5th. Stockholders 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 dividend yield of 8.6%. The ex-dividend date is Wednesday, December 2nd.

Diversified Energy Trading Up 3.2%

Shares of DEC stock opened at $13.51 on Friday. The business has a 50-day moving average of $13.49 and a 200 day moving average of $14.44. 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 1-year low of $12.33 and a 1-year high of $18.90. The stock has a market capitalization of $976.68 million, a PE ratio of 3.84 and a beta of -0.38.

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.