Diversified Energy Announces Second Quarter Dividend
Rhea-AI Summary
Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) has declared an interim dividend of 29 cents per share for the second quarter of 2024, covering the period ended June 30, 2024. Key dates include:
- Record Date: November 29, 2024
- Payment Date: December 27, 2024
- Last Date for Currency Election: December 6, 2024
The dividend will be paid in US dollars, with a sterling election option available. Shareholders wishing to receive payment in sterling must submit a currency election form by December 6, 2024. The sterling value of the dividend will be announced approximately two weeks before the payment date.
Positive
- Declared interim dividend of $0.29 per share for Q2 2024
- Offers currency election option for shareholders preferring sterling
Negative
- None.
News Market Reaction
On the day this news was published, DEC declined 6.24%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
BIRMINGHAM, AL / ACCESSWIRE / August 15, 2024 / 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 2Q24 for the three month period ended June 30, 2024.
Key dates related to this dividend include:
Record Date: |
| November 29, 2024 |
Payment Date: |
| December 27, 2024 |
Default Currency: |
| US Dollar |
Currency Election Option: |
| Sterling |
Last Date for Currency Election: |
| December 6, 2024 |
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 December 6, 2024.
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 | |
Senior Vice President, Investor Relations & Corporate Communications | |
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FTI Consulting | |
U.S. & UK Financial Public Relations |
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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 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.
SOURCE: Diversified Energy Company PLC
View the original press release on accesswire.com
FAQ
What is the amount of Diversified Energy's Q2 2024 dividend?
When is the payment date for Diversified Energy's Q2 2024 dividend?
What is the record date for Diversified Energy's Q2 2024 dividend?
Can shareholders choose to receive Diversified Energy's dividend in sterling?
What is the deadline for currency election for Diversified Energy's Q2 2024 dividend?
