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Diversified Energy Announces Q4 2024 Dividend Payment Details

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Diversified Energy Announces Q4 2024 Dividend Payment Details

Confident Investing Starts Here:

Diversified Energy Company ( (GB:DEC) ) has issued an announcement.

Diversified Energy Company PLC announced a dividend of 29 cents per share for the fourth quarter of 2024, payable on June 30, 2025, to shareholders registered by May 30, 2025. Shareholders opting for GBP will receive 21.254 pence per share, based on the June 12, 2025 exchange rate. This announcement underscores the company’s commitment to delivering shareholder value and reflects its strategic focus on maintaining reliable cash flow.

The most recent analyst rating on (GB:DEC) stock is a Hold with a £900.00 price target. To see the full list of analyst forecasts on Diversified Energy Company stock, see the GB:DEC Stock Forecast page.

Spark’s Take on GB:DEC Stock

According to Spark, TipRanks’ AI Analyst, GB:DEC is a Neutral.

The overall stock score reflects a complex picture. While the financial performance is weak due to high leverage and declining revenues, the technical analysis shows moderate stability. The earnings call provides a positive outlook with strategic initiatives, and the high dividend yield is attractive for income-focused investors. Active share buybacks further contribute to shareholder value. However, significant financial weaknesses limit the overall score.

To see Spark’s full report on GB:DEC stock, click here.

More about Diversified Energy Company

Diversified Energy Company PLC is a leading publicly traded energy company focused on the production, transport, marketing, and well retirement of natural gas and liquids. The company employs a unique strategy of acquiring long-life assets and investing in them to enhance environmental and operational performance, ultimately retiring them safely. Recognized for its sustainability leadership, Diversified Energy aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

Average Trading Volume: 208,322

Technical Sentiment Signal: Buy

Current Market Cap: £816M

Learn more about DEC stock on TipRanks’ Stock Analysis page.

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