Diversified Energy Announces Third Quarter Dividend

Rhea-AI Summary

Diversified Energy Company PLC (LSE:DEC) announces an interim dividend of 4.375 cents per share for 3Q23, with key dates including the Ex-dividend Date on February 29, 2024, Record Date on March 1, 2024, and Payment Date on March 28, 2024. Shareholders have the option to receive the dividend in US Dollars or Sterling, with the last date for currency election being March 8, 2024. The sterling value of the dividend payable per share will be announced approximately two weeks prior to the payment date.

BIRMINGHAM, AL / ACCESSWIRE / November 15, 2023 / Diversified Energy Company PLC (LSE:DEC) ("Diversified" or "the Company") is pleased to announce that the Board has declared an interim dividend of 4.375 cents per share in respect of 3Q23 for the three month period ended September 30, 2023.

Key dates related to this dividend include:

Ex-dividend Date:		February 29, 2024
Record Date:		March 1, 2024
Payment Date:		March 28, 2024
Default Currency:		US Dollar
Currency Election Option:		Sterling
Last Date for Currency Election:		March 8, 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 March 8, 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
Doug Kris
+1 973 856 2757
dkris@dgoc.com
www.div.energy

FTI Consulting
US & UK Financial Public Relations
dec@fticonsulting.com

About Diversified Energy Company PLC
Diversified Energy Company PLC is an independent energy company engaged in the production, marketing, transportation and retirement of primarily natural gas related to its US onshore upstream and midstream assets.

SOURCE: Diversified Energy Company PLC

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https://www.accesswire.com/803511/diversified-energy-announces-third-quarter-dividend

FAQ

What is the dividend amount declared by Diversified Energy Company PLC for 3Q23?

Diversified Energy Company PLC has declared an interim dividend of 4.375 cents per share for the three month period ended September 30, 2023.

When is the Payment Date for the declared dividend?

The Payment Date for the declared dividend is March 28, 2024.

What are the key dates related to the dividend declaration?

The key dates related to the dividend declaration include the Ex-dividend Date on February 29, 2024, Record Date on March 1, 2024, and Payment Date on March 28, 2024.

How can shareholders elect to receive the dividend payment?

Shareholders can receive the dividend payment in US Dollars or Sterling, with the last date for currency election being March 8, 2024. The sterling value of the dividend payable per share will be announced approximately two weeks prior to the payment date.