Diversified Gas & Oil PLC (LON:DGOC) was up 0.7% during mid-day trading on Tuesday . The stock traded as high as GBX 119.42 ($1.56) and last traded at GBX 117.85 ($1.54). Approximately 27,025 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 516,295 shares. The stock had previously closed at GBX 117 ($1.53).
The company also recently announced a dividend, which will be paid on Friday, March 29th. Investors of record on Thursday, March 7th will be paid a $0.03 dividend. This is an increase from Diversified Gas & Oil’s previous dividend of $0.03. This represents a yield of 2.27%. The ex-dividend date is Thursday, March 7th.
In other news, insider David Edward Johnson bought 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 28th. The stock was acquired at an average cost of GBX 110 ($1.44) per share, for a total transaction of £11,000 ($14,373.45).
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About Diversified Gas & Oil (LON:DGOC)
Diversified Gas & Oil PLC operates as an oil and gas producer in the Appalachian Basin of the United States. It holds interests in various properties covering 7.6 million acres of conventional gas and oil HBP leases located in Pennsylvania, Ohio, and West Virginia. The company was founded in 2001 and is headquartered in Birmingham, Alabama.
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