Diversified Energy Company PLC (DEC) has announced a dividend distribution with an ex-dividend date set for May 30, 2025. The dividend was declared on Mar 17, 2025, and is scheduled to be paid on Jun 30, 2025, at a rate of $0.290 per share. This dividend is lower compared to the average of the last ten dividends, which stood at $0.407 per share. The previous dividend, distributed on Mar 31, 2025, was also $0.290 per share. Both dividends are categorized as cash dividends.
Recently,
PLC concluded a share buyback program, purchasing 18,718 ordinary shares on May 22, 2025. The shares were acquired at a volume-weighted average price of $13.694 per share, ranging from $13.63 to $13.75. Following the cancellation of these shares, the company now maintains 79,664,343 ordinary shares in circulation. This buyback is part of the company's strategy to optimize financial operations and improve transparency. Analysts have noted a positive swing in DEC's stock price, which closed at $14.06 in the most recent trading session, marking a 1.01% increase from the previous day.
As of late, Diversified Energy's sustainable approach and strategic asset acquisitions have been recognized for improving environmental and operational performance.
has recently increased its holdings in
by 18.7%, highlighting investor confidence in the company's long-term strategy and fiscal health. The company has reiterated its earnings guidance for the fiscal year 2025, reinforcing its commitment to generating reliable cash flows and shareholder value.
In conclusion,
continues to demonstrate strong financial health and strategic growth initiatives, attracting positive attention from investors and analysts alike. As the ex-dividend date approaches on May 30, 2025, investors should note that this date marks the deadline to purchase shares to qualify for the upcoming dividend distribution. Any acquisitions made after this date will not be eligible for the current dividend payout.
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