Diversified Energy Announces First Quarter Dividend
Rhea-AI Summary
Diversified Energy Company PLC (NYSE:DEC) has declared an interim dividend of $0.29 per share for the first quarter of 2025. The dividend will be paid on September 30, 2025, to shareholders of record as of August 29, 2025.
Shareholders have the option to receive their dividend payment in either US dollars (default currency) or sterling. Those wishing to receive payment in sterling must submit a currency election form through the company's website by September 5, 2025. The sterling equivalent value will be announced approximately two weeks before the payment date.
Positive
- Consistent dividend payment demonstrates company's commitment to shareholder returns
Negative
- None.
News Market Reaction
On the day this news was published, DEC gained 1.22%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
BIRMINGHAM, Ala., May 12, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE: DEC, NYSE:DEC) (“Diversified” or “the Company”) is pleased to announce that the Board has declared an interim dividend of 29 cents per share in respect of 1Q25 for the three month period ended March 31, 2025.
| Key dates related to this dividend include: | ||||
| Record Date: | August 29, 2025 | |||
| Payment Date: | September 30, 2025 | |||
| Default Currency: | US Dollar | |||
| Currency Election Option: | Sterling | |||
| Last Date for Currency Election: | September 5, 2025 | |||
Diversified will pay the dividend in U.S. dollars while continuing to make available to shareholders a sterling election. For those shareholders who wish to receive their dividend payment in sterling, and who have not yet completed a currency election form, the Company has made available a dividend election form on its website at https://ir.div.energy/dividend-information. Shareholders who wish to receive sterling should submit the currency election form to Computershare Investor Services no later than September 5, 2025.
Diversified will announce the sterling value of the dividend payable per share approximately two weeks prior to the payment date.
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014 on Market Abuse (“UK MAR”), as it forms part of the UK domestic law by virtue of the European Union (Withdrawal) Act 2018.
For further information, please contact:
| Diversified Energy Company PLC | +1 973 856 2757 |
| Doug Kris | dkris@dgoc.com |
| Senior Vice President, Investor Relations & Corporate Communications | www.div.energy |
| FTI Consulting | dec@fticonsulting.com |
| U.S. & UK Financial Public Relations | |
About Diversified Energy Company PLC
Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our unique differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.
FAQ
What is the DEC dividend amount for Q1 2025?
When is the DEC dividend payment date for Q1 2025?
Can DEC shareholders receive dividends in sterling?
What is the deadline for DEC's Q1 2025 dividend currency election?
