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Devon Energy (DVN) Dividend Yield, Date & History

Devon Energy logo
$30.98 +0.21 (+0.68%)
(As of 05:45 PM ET)

Devon Energy Dividend Summary

Dividend Yield
2.84%
Annual Dividend
$0.88
Next
Dividend Payment
Dec. 30
Annualized 3-Year
Dividend Growth
48.31%
Dividend Payout Ratio
16.33%

Devon Energy (DVN) pays an annual dividend of $0.88 per share, with a dividend yield of 2.84%. The next quarterly payment of $0.22 per share is scheduled for Monday, December 30, to investors who owned the stock before the ex-dividend date of Friday, December 13. The company currently pays out 16.33% of its earnings and 10.20% of its cash flow as dividends.

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DVN Dividend Payments by Quarter

The chart below displays up to four years of Devon Energy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

DVN Dividend Yield Over Time

The chart below tracks Devon Energy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Devon Energy vs. The Competition

Compare Devon Energy's annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeDevon EnergyEnergy CompaniesNYSE Companies
Annual Dividend$0.88$0.00$1.39
Dividend Yield2.84%11.76%3.67%
Annualized 3-Year Dividend Growth48.31%24.87%15.75%

Devon Energy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings16.33%
Based on This Year's Estimate18.37%
Based on Next Year's Estimate18.07%
Based on Cashflow10.20%

Devon Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/5/2024quarterly$0.22 - 4.4%12/13/202412/13/202412/30/2024
8/6/2024quarterly$0.22 - 4.6%9/13/20249/13/20249/30/2024
5/1/2024quarterly$0.22-$0.22
50.00%
4.8%6/14/20246/14/20246/28/2024
2/27/2024Quarterly$0.44-$0.33
42.86%
4%3/14/20243/15/20243/28/2024
11/7/2023Quarterly$0.77+$0.28
57.14%
6.97%12/14/202312/15/202312/29/2023
8/1/2023Quarterly$0.49-$0.23
31.94%
3.94%9/14/20239/15/20239/29/2023
5/8/2023quarterly$0.72-$0.17
19.10%
5.65%6/14/20236/15/20236/30/2023
2/14/2023None$0.89-$0.46
34.07%
9.3%3/14/20233/15/20233/31/2023

This table shows Devon Energy's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Devon Energy Dividend - Frequently Asked Questions

The current dividend yield for Devon Energy is 2.84%. Learn more on DVN's dividend yield history.

The annual dividend for DVN shares is $0.88. Learn more on DVN's annual dividend history.

Devon Energy pays quarterly dividends to shareholders.

Devon Energy's next quarterly dividend payment of $0.22 per share will be made to shareholders on Monday, December 30, 2024.

Devon Energy's most recent quarterly dividend payment of $0.22 per share was made to shareholders on Monday, September 30, 2024.

Devon Energy's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 48.31% per year.

The most recent change in the company's dividend was a decrease of $0.22 on Wednesday, May 1, 2024.

The dividend payout ratio for DVN is:
  • 16.33% based on the trailing year of earnings
  • 18.37% based on this year's estimates
  • 18.07% based on next year's estimates
  • 10.20% based on cash flow

Devon Energy's dividend yield of 2.88% is lower than the average Oils/Energy company that issues a dividend. Devon Energy's dividend payout ratio of 16.33% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Devon Energy stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:DVN) was last updated on 12/23/2024 by MarketBeat.com Staff
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