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

Diversified Energy Company PLC (LON:DEC) declared a dividend on Thursday, August 15th,Upcoming Dividends.Co.Uk reports. Stockholders 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 Trading Up 0.2 %

DEC opened at GBX 1,285 ($16.15) on Wednesday. The stock has a market capitalization of £623.35 million, a PE ratio of 606.13, a P/E/G ratio of -0.32 and a beta of 0.19. The company has a debt-to-equity ratio of 309.61, a current ratio of 0.44 and a quick ratio of 0.37. Diversified Energy has a 12-month low of GBX 818.50 ($10.29) and a 12-month high of GBX 1,447 ($18.19). The firm’s fifty day moving average price is GBX 942.21 and its 200 day moving average price is GBX 1,035.74.

Insider Buying and Selling

In related news, insider Sandra Stash bought 1,040 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was bought at an average cost of GBX 1,125 ($14.14) per share, for a total transaction of £11,700 ($14,707.73). 18.06% of the stock is currently owned by company insiders.

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.