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. Its assets consist of approximately 67,000 conventional and unconventional natural gas, natural gas liquids, and oil producing wells; and approximately 17,000 miles of natural gas gathering pipelines located in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. The company was formerly known as Diversified Gas & Oil PLC and changed its name to Diversified Energy Company PLC in May 2021. Diversified Energy Company PLC was founded in 2001 and is headquartered in Birmingham, Alabama.
Diversified Energy Dividend Announcement
• Diversified Energy announced a quarterly dividend of £0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-11-28
• Diversified Energy annual dividend for 2024 was £120.27
• Diversified Energy annual dividend for 2023 was £13.98
• Diversified Energy's trailing twelve-month (TTM) dividend yield is 23.81%
• Diversified Energy's payout ratio for the trailing twelve months (TTM) is 97.12%
• Diversified Energy's dividend growth over the last five years (2018-2023) was -3.38% year
Diversified Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-28 | £0.00 | quarterly | |
2024-08-29 | £29.00 | quarterly | |
2024-05-23 | £22.83 | quarterly | |
2024-02-29 | £68.44 | quarterly | |
2023-11-30 | £3.42 | quarterly | |
2023-08-31 | £3.52 | quarterly | |
2023-05-25 | £3.43 | quarterly | |
2023-03-02 | £3.61 | quarterly | |
2022-11-24 | £4.25 | quarterly | |
2022-09-01 | £4.25 | quarterly | |
2022-05-26 | £4.25 | quarterly | |
2022-03-03 | £3.25 | quarterly | |
2021-11-25 | £2.99 | quarterly | |
2021-09-02 | £2.88 | quarterly | |
2021-05-27 | £2.81 | quarterly | |
2021-03-04 | £2.85 | quarterly | |
2020-11-26 | £2.78 | quarterly | |
2020-09-03 | £2.69 | quarterly | |
2020-06-04 | £17.50 | quarterly | |
2020-05-28 | £2.76 | quarterly | |
2020-03-05 | £3.50 | quarterly | |
2019-11-28 | £2.65 | quarterly | |
2019-09-05 | £2.74 | quarterly | |
2019-05-30 | £17.00 | quarterly | |
2019-04-10 | £17.00 | quarterly | |
2019-03-07 | £3.30 | quarterly | |
2018-11-29 | £2.80 | quarterly | |
2018-08-23 | £8.63 | quarterly | |
2018-07-12 | £1.73 | quarterly | |
2018-05-10 | £3.45 | quarterly | |
2017-11-16 | £1.99 | quarterly | |
2017-07-06 | £1.55 | quarterly |
Diversified Energy Dividend per year
Diversified Energy Dividend growth
Diversified Energy Dividend Yield
Diversified Energy current trailing twelve-month (TTM) dividend yield is 23.81%. Interested in purchasing Diversified Energy stock? Use our calculator to estimate your expected dividend yield:
Diversified Energy Financial Ratios
Diversified Energy Dividend FAQ
Other factors to consider when evaluating Diversified Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Diversified Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Diversified Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Diversified Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Diversified Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Diversified Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Diversified Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Diversified Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Diversified Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Diversified Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Diversified Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.