Diversified Energy Dividend
Dividend criteria checks 3/6
Diversified Energy is a dividend paying company with a current yield of 20.95% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
21.0%
Dividend yield
18%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | UK£15.95 |
| Dividend yield forecast in 3Y | 12.5% |
Recent dividend updates
Recent updates
Even With A 26% Surge, Cautious Investors Are Not Rewarding Diversified Energy Company PLC's (LON:DEC) Performance Completely
Apr 27
Analysts Are Betting On Diversified Energy Company PLC (LON:DEC) With A Big Upgrade This Week
Apr 26Revenues Working Against Diversified Energy Company PLC's (LON:DEC) Share Price Following 25% Dive
Jan 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DEC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Diversified Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DEC) | 21.0% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Oil and Gas) | 4.3% |
| Analyst forecast in 3 Years (DEC) | 12.5% |
Notable Dividend: DEC's dividend (20.95%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: DEC's dividend (20.95%) is in the top 25% of dividend payers in the UK market (5.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.1%), DEC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (188.3%), DEC's dividend payments are not well covered by cash flows.