Diversified Energy Company
DECEnergy · Stock · quarterly payer
Forward Yield
8.68%
Annual Dividend
$1.16
Payout Ratio
15%
5-Yr Growth
—
Ex-Date
Aug 28, 2026
Frequency
Quarterly
Summary
As of July 2026, Diversified Energy Company (DEC) yields 8.68% ($1.16 per share annually), with a blended fair-value estimate of $36.55 — +174% upside, so it screens as undervalued. Dividend safety grade: C (53/100).
Is DEC a good dividend stock?
MixedDiversified Energy Company (DEC) pays a quarterly dividend yielding 8.68% ($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 (15%)
- 740% total price return over 5 years
Risks
- Cut its dividend in 2024
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.68%
- Payout Ratio
- 15%
- Annual Dividend
- $1.16
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 28, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.32
- Market Cap
- $923.0M
- P/E Ratio
- 1.7
- 5-Yr Total Return
- 740%
- 52-Week Range
- $12.33 – $18.90
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
DEC Price — Last 12 Months
Daily close
Price Return
1 Year
-19%
3 Years
+1082%
5 Years
+740%
52-Week Range
$12.33 – $18.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DEC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Diversified Energy Company is $36.55 per share, versus a market price of $13.36. That implies 174% of upside — a margin of safety of about 63%.
Fair Value
$36.55
Current Price
$13.36
Upside
+174%
Margin of Safety
63%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -0.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -0.6% stage-1 growth, 2.5% terminal growth, $7.97 EPS, $1.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DEC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $0.2900 | regular |
| Feb 27, 2026 | — | $0.2900 | regular |
| Dec 1, 2025 | — | $0.2900 | regular |
| Aug 28, 2025 | — | $0.2900 | regular |
| May 29, 2025 | — | $0.2900 | regular |
| Feb 28, 2025 | — | $0.2900 | regular |
| Feb 27, 2025 | — | $0.2900 | regular |
| Nov 29, 2024 | — | $0.2900 | regular |
| Aug 30, 2024 | — | $0.2900 | regular |
| Aug 29, 2024 | — | $0.2900 | regular |
| May 23, 2024 | — | $0.2900 | regular |
| Feb 29, 2024 | — | $0.8750 | regular |
| Nov 30, 2023 | — | $0.8800 | regular |
| Aug 31, 2023 | — | $0.8800 | regular |
Income Calculator
At $1.16 / yr per share
