SmarterDividends
DEC

Diversified Energy Company

DEC

Energy · Oil & Gas Integrated · Stock · quarterly payer

$14.44

Undervalued · +110% Add to Portfolio

Forward Yield

8.03%

Annual Dividend

$1.16

Payout Ratio

19%

5-Yr Growth

—

Ex-Date

Dec 2, 2026

Frequency

Quarterly

Key facts about DEC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Diversified Energy Company (DEC) has a forward dividend yield of 8.03%, based on an annual dividend of $1.16 per share and a share price of $14.44.
  • As of Oct 27, 2026, DEC's dividend safety grade from SmarterDividends is C (54 out of 100), which rates the dividend as borderline.
  • DEC last cut its regular dividend in 2024.
  • DEC's next ex-dividend date is Dec 2, 2026, with payment on Dec 31, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 27, 2026, DEC pays out 19% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 27, 2026, DEC's 8.03% yield is 94% below its five-year average yield of 132.65%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for DEC is $30.27 per share, 110% above the $14.44 share price, so DEC screens as undervalued.
  • Diversified Energy Company (DEC) pays its dividend quarterly, 4 times a year.
  • Diversified Energy Company (DEC) has raised its regular dividend 2 times and cut it 1 time across the 26 payments on record since 2021. Its most recent change was a 66.9% cut to $0.290 per share, going ex-dividend on May 23, 2024.
Cite this page

SmarterDividends, "DEC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/DEC

Summary

As of Oct 27, 2026, Diversified Energy Company (DEC) yields 8.03% ($1.16 a year per share) and has a dividend safety grade of C (54/100).

Is DEC a good dividend stock?

Mixed

Diversified Energy Company (DEC) pays a quarterly dividend yielding 8.03% ($1.16/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (19%)
  • 988% total price return over 5 years

Risks

  • Cut its dividend in 2024
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.03%
Payout Ratio
19%
Annual Dividend
$1.16
5-Yr Avg Growth
—
Ex-Dividend Date
Dec 2, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.35
Market Cap
$996.9M
P/E Ratio
2.3
5-Yr Total Return
988%
52-Week Range
$12.35 – $18.90
Dividend Safety
C · 54/100
Ever Cut?
Yes (2024)

DEC dividend raises and cuts

Diversified Energy Company (DEC) has raised its regular dividend 2 times and cut it 1 time across the 26 payments on record since 2021. Its most recent change was a 66.9% cut to $0.290 per share, going ex-dividend on May 23, 2024.

Ex-dateChangeOld → newMove
May 23, 2024Cut$0.875 → $0.290−66.9%
Mar 2, 2023Raise$0.860 → $0.880+2.3%
Mar 3, 2022Raise$0.800 → $0.860+7.5%
Every DEC payment →Download every raise and cut (CSV)
DEC ex-dividend date & scheduleNext ex-date Dec 2, 2026 · full ex-dividend historyView →DEC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is DEC a good dividend stock?

Mixed. Diversified Energy Company (DEC) pays a quarterly dividend yielding 8.03% ($1.16/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is DEC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DEC's fair value is about $30.27 versus a $14.44 share price — so it looks undervalued (+110% vs. fair value).

Is DEC's dividend safe?

DEC has a dividend-safety grade of C (54/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

What is DEC's fair value?

Our blended fair-value estimate for DEC is about $30.27 per share, roughly 110% above the current $14.44 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is DEC a buy, hold, or sell?

We don't issue formal ratings, but on the data DEC screens as "mixed" and undervalued. Diversified Energy Company (DEC) pays a quarterly dividend yielding 8.03% ($1.16/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will DEC cut its dividend?

DEC earns a dividend-safety grade of C (54/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does DEC pay a dividend?

Yes. Diversified Energy Company pays a quarterly dividend of about $1.16 per share annually, a forward yield of roughly 8.03%.

What is DEC's dividend yield?

As of Oct 27, 2026, DEC's forward dividend yield is 8.03%, based on a $1.16 annual dividend and a $14.44 share price.

What is DEC's dividend per share?

As of Oct 27, 2026, DEC pays $1.16 per share per year, distributed on a quarterly basis.

What is DEC's dividend payout ratio?

As of Oct 27, 2026, DEC's payout ratio is 19% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has DEC grown its dividend?

DEC does not currently have a long dividend-growth streak on record.

When is the next DEC ex-dividend date?

As of Oct 27, 2026, the next ex-dividend date on record for DEC is Dec 2, 2026.

Income Calculator

At $1.16 / yr per share

Per payment (quarterly)$29.00
Annual$116.00
Monthly avg$9.67

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