Diversified Energy Company πŸ”‹ πŸ”Œ - DEC

Aug 24

Upcoming dividend of US$0.044 per share at 16% yield

Eligible shareholders must have bought the stock before 31 August 2023.

  • Payment date: 29 September 2023.
  • The company is not currently making a profit and there are not enough cash flows to support it either.
  • Trailing yield: 16%.
    • Within top quartile of British dividend payers (6.3%).
    • Higher than average of industry peers (6.7%).

SimplyWallStreet

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SimplyWallStreet is automated and does not have an insight into how the company hedges it’s gas production. This video should give more insight into how it works URANIUM & DIVERSIFIED ENERGY : Live Discord Q&A with PM #2 [AUG2023] - YouTube

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Really enjoyed listening to that. Cheers for posting i must have missed it when it came out

Great rises today guys haven’t seen 95p for a long time. I’m guessing the results are quite positive

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It goes ex div tomorrow might explain some of todays rise.

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Also came out today that interims are out on friday. Interesting times.

Diversified Energy Announces Dividend for the Second Quarter Ended June 30, 2023, Payable on December 29, 2023

Diversified Energy Company PLC announced that the Board has declared an interim dividend of 4.375 cents per share in respect of second quarter 2023 for the three month period ended June 30, 2023, an increase of 3% over the second quarter 2022 dividend of 4.250 cents per share. Ex-dividend Date is November 30, 2023. Record Date is December 1, 2023.

Payment Date is December 29, 2023.

SimplyWallSt.

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Hello all just topped up again today at 85p today. Seems like a bargain to me. Also very happy to now have an average sp under 90p.

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Another day another nice rise. Is there any reason for this or is it just growing market sentiment?

Today seemed to be market sentiment, Green day for the majority of my holdings today

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Same here. The BOE meets on the 21st fingers crossed for either a low or zero interest increase. For my 2p I’d leave it at 5.25% but we will see.
It’s funny I’d never paid attention to the Bank of England base rate until about a year ago :slight_smile:

Oh dear, a big drop in the Sp today. Apparently there’s been some big changes at board level.
Hopefully this is just a blip

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I hope so too as I took another chomp today.