Diversified Energy Company Declares First Quarter Dividend

Diversified Energy Company Declares First Quarter Dividend

Diversified Energy Company PLC (LSE: DEC, NYSE: DEC) recently announced a substantial interim dividend of 29 cents per share for its first quarter. This dividend pertains to the three-month period that concluded on March 31, reinforcing the company’s commitment to returning value to its shareholders.

Key Dates Surrounding the Dividend

The company has outlined several important dates relevant to this dividend, as follows:

Record Date

The record date for this dividend is set for August 29, which means that shareholders on record by this date will qualify for the dividend payout.

Payment Date

Shareholders can expect the payment to be made on September 30, ensuring timely delivery of their dividends.

Currency Elections

For those interested in receiving their dividend in a different form, Diversified is offering a sterling election. Shareholders who wish to opt for this must submit their currency election form by September 5. This flexibility allows shareholders to consider their preferred options carefully.

Company Communication and Support

To aid shareholders in this process, Diversified has made a currency election form accessible on its website. It’s essential for shareholders who have not filled this out yet to take advantage of this resource prior to the deadline. Diversified Energy Company is dedicated to ensuring that its shareholders are well-informed and satisfied with the options available to them.

Current Outlook for Diversified Energy Company

Diversified is clearly focused on enhancing shareholder value through strategic dividend announcements and transparent communications. As a leader in the energy sector, primarily dealing with natural gas and liquids production, the company continues to adopt a differentiated strategy that emphasizes sustainability and responsible operations. This focus has not only garnered the attention of shareholders but has also positioned the company positively in the face of growing energy demands.

Commitment to Sustainability

The approach Diversified takes towards investing in long-life assets showcases a solid commitment to improving operational performance while ensuring environmental stewardship. Their strategy encompasses enhancing the longevity of existing assets and promoting a safe, secure retirement of those assets, ultimately benefiting both the company and its shareholders.

Positive Industry Recognition

Diversified Energy Company has received accolades from ratings agencies for its dedication to sustainability. This recognition reflects the company’s leadership in responsible energy production and its resolve to deliver reliable free cash flow while generating value for shareholders. As a publicly traded entity, Diversified continues to instill confidence, not just within its investment strategies but through its overall operational ethos.

Contact Information for Further Inquiries

Shareholders and interested parties can reach out to Diversified Energy Company for further questions regarding the dividend announcement and other corporate matters:

Diversified Energy Company PLC

Phone: +1 973 856 2757

Doug Kris, Senior Vice President, Investor Relations & Corporate Communications

Email: dkris@dgoc.com

Website: www.div.energy

Frequently Asked Questions

When is the record date for the dividend?

The record date for the dividend is August 29.

What is the payment date for the dividend?

Payment for the dividend is scheduled for September 30.

Can shareholders choose to receive dividends in sterling?

Yes, shareholders can elect to receive dividends in sterling by submitting a currency election form by September 5.

How much is the interim dividend declared?

The interim dividend declared is 29 cents per share.

What is Diversified Energy Company's focus?

Diversified Energy Company focuses on natural gas and liquids production, transport, marketing, and well retirement, emphasizing sustainability and shareholder value.

About The Author

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