Diversified Energy Company PLC (LON:DEC) Increases Dividend to $0.29 Per Share

Diversified Energy Company PLC (LON:DEC) announced a dividend on Thursday, May 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 29th will be given a dividend of $0.29 per share on Friday, September 27th. This represents a dividend yield of 2.05%. The ex-dividend date is Thursday, August 29th. This is an increase from Diversified Energy’s previous dividend of $0.04. The official announcement can be viewed at this link.

Diversified Energy Price Performance

Shares of LON:DEC opened at GBX 1,112 ($13.97) on Thursday. The firm’s 50 day moving average is GBX 1,002.31 and its two-hundred day moving average is GBX 822.90. The firm has a market capitalization of £529.09 million, a P/E ratio of 88.12, a PEG ratio of -0.32 and a beta of 0.16. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 218.54. Diversified Energy has a 52 week low of GBX 822.50 ($10.33) and a 52 week high of GBX 1,963 ($24.66).

Diversified Energy Company Profile

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.