Shares Magazine23 Feb 2023 15:22
feature today on funds & stocks that pay regular (monthly / quarterly) income:
"The standout is independent natural gas company Diversified Energy (DEC) which is trading on an historic yield of 12%.
Operating in the Appalachian Basin and the central US states of Louisiana, Oklahoma and Texas, the firm looks to acquire and manage low-risk, low-cost, long-life gas-producing assets.
‘Protecting our cash flow and, in turn, our dividend and debt payments have always been core to our strategy’, says chief executive Rusty Hutson Jr.
Investors should get a steer on the outlook for 2023 when the firm releases its full-year results on 21 March."