Understanding the Latest Dividend Announcement from DEC
Latest Dividend Announcement from Diversified Energy Company
Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) has announced important updates regarding their dividend payouts that shareholders should be aware of. The company declared a dividend for the quarter ending September 30, 2024, which amounts to 29 cents per share. This dividend, referred to as the 'Q3 2024 Dividend', showcases the company's commitment to returning value to its shareholders.
Dividend Payment Schedule
The Q3 2024 Dividend is set to be paid on March 31, 2025, to shareholders who are registered on February 28, 2025. This timeline gives investors a clear understanding of when they can expect their dividend payments, allowing them to plan their finances accordingly. Such structured communications not only improve transparency but also build confidence among shareholders.
Exchange Rate Impact on Dividend
For shareholders opting to receive their dividends in GBP sterling, an equivalent amount of 22.241 pence per share will be paid. This calculation is based on the exchange rate of GBP 0.76693 per US dollar as of March 17, 2025. Understanding this exchange rate is crucial for international investors, as it may affect the overall value of their dividends based on currency fluctuations.
Company Contact Information
For more inquiries, shareholders can reach out to Diversified Energy Company PLC directly. The company provides various avenues for communication:
Diversified Energy Company PLC
Phone: +1 973 856 2757
Email: dkris@dgoc.com
Website: www.div.energy
About Diversified Energy Company
Diversified Energy Company PLC is a prominent player in the energy sector, primarily focusing on the production and management of natural gas and liquid energy resources. With an emphasis on sustainability, the company adopts a unique approach by acquiring long-life assets and investing in their operational improvements. This strategic direction aims not only to enhance environmental performance but also to ensure these assets are retired responsibly and safely.
Commitment to Sustainability
Recognized widely for its leadership in sustainability, Diversified is dedicated to making a positive impact on the environment while providing reliable free cash flow. The company's strategy stresses the importance of stewardship and responsible energy production, making it a reliable partner in the energy landscape. This emphasis on environmentally conscious practices positions Diversified Energy Company as a progressive leader committed to delivering value not just to shareholders, but to the community and planet as a whole.
Understanding Future Prospective
As Diversified Energy Company continues on its path, shareholders can look forward to more updates regarding dividend payments and operational advancements. Keeping an eye on their announcements is vital for investors who wish to stay ahead in the rapidly changing energy market. With the ongoing commitment to enhancing shareholder value and operational efficiency, the expectations from Diversified remain high.
Frequently Asked Questions
What is the amount of the Q3 2024 Dividend?
The Q3 2024 Dividend is declared at 29 cents per share.
When will the dividend be paid?
The payment date for the Q3 2024 Dividend is March 31, 2025.
What currency options are available for the dividend?
Shareholders can choose to receive their dividends in USD or GBP sterling.
How can shareholders contact Diversified Energy Company?
Shareholders can reach out via phone at +1 973 856 2757 or via email at dkris@dgoc.com.
What is the company’s focus area?
Diversified Energy Company primarily focuses on producing and managing natural gas and related liquids.
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