Devon Energy's latest quarterly dividend was on Jun 14, 2024 (ex-date) with a payout of $0.22 per share. On an annualized basis, the company has a current payout of $1.43 per share. This brings the dividend yield to 3.09% based on its recent close price. The latest dividend has a decrease of $0.22, or 50% from the prior distribution.
Devon Energy's dividend yield of 3.09% is higher than its peers average but lower than the Energy sector and the industry average. In comparison with the Energy sector average of 3.77%, Devon Energy's dividend yield is 18% lower. The historical 5-year average of DVN's dividend yield is 3.3%, which is higher than the current one.
Devon Energy has been paying dividends since 1994. DVN has distributed six quarterly dividends in the past year. The annualized dividend per share has a decrease of 37% since twelve months ago. And with the price of the stock down by 13% from a year ago, the dividend yield has a decrease of 27%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Jun 14, 2024 | Jun 28, 2024 | May 1, 2024 | $0.22 | normal |
Mar 14, 2024 | Mar 28, 2024 | Feb 27, 2024 | $0.44 | normal |
Dec 14, 2023 | Dec 29, 2023 | Nov 7, 2023 | $0.57 | normal |
Dec 14, 2023 | Dec 29, 2023 | Nov 7, 2023 | $0.2 | normal |
Sep 14, 2023 | Sep 29, 2023 | Aug 1, 2023 | $0.2 | normal |
Sep 14, 2023 | Sep 29, 2023 | Aug 1, 2023 | $0.29 | normal |
Jun 14, 2023 | Jun 30, 2023 | $0.52 | normal | |
Jun 14, 2023 | Jun 30, 2023 | May 8, 2023 | $0.2 | normal |
Mar 14, 2023 | Mar 31, 2023 | Feb 14, 2023 | $0.2 | normal |
Mar 14, 2023 | Mar 31, 2023 | Feb 14, 2023 | $0.69 | special |
Dec 9, 2022 | Dec 30, 2022 | Nov 1, 2022 | $1.35 | normal |
Sep 9, 2022 | Sep 30, 2022 | Aug 1, 2022 | $0.18 | normal |
Sep 9, 2022 | Sep 30, 2022 | Aug 1, 2022 | $1.37 | special |
Jun 10, 2022 | Jun 30, 2022 | May 2, 2022 | $1.27 | normal |
Mar 11, 2022 | Mar 31, 2022 | Feb 15, 2022 | $1 | normal |
Dec 9, 2021 | Dec 30, 2021 | Nov 2, 2021 | $0.84 | normal |
Sep 10, 2021 | Sep 30, 2021 | Aug 3, 2021 | $0.11 | normal |
Sep 10, 2021 | Sep 30, 2021 | Aug 3, 2021 | $0.38 | special |
Jun 11, 2021 | Jun 30, 2021 | May 4, 2021 | $0.23 | special |
Jun 11, 2021 | Jun 30, 2021 | May 4, 2021 | $0.11 | normal |
May 13, 2021 | Jun 30, 2021 | May 4, 2021 | $0.11 | normal |
May 13, 2021 | Jun 30, 2021 | May 4, 2021 | $0.23 | special |
Mar 12, 2021 | Mar 31, 2021 | Feb 16, 2021 | $0.19 | special |
Mar 12, 2021 | Mar 31, 2021 | Dec 2, 2020 | $0.11 | normal |
Dec 10, 2020 | Dec 30, 2020 | Sep 16, 2020 | $0.11 | normal |
Sep 11, 2020 | Sep 30, 2020 | Jun 3, 2020 | $0.11 | normal |
Aug 13, 2020 | Oct 1, 2020 | Aug 4, 2020 | $0.26 | special |
Jun 12, 2020 | Jun 30, 2020 | Feb 18, 2020 | $0.11 | normal |
Mar 12, 2020 | Mar 31, 2020 | Dec 4, 2019 | $0.09 | normal |
Dec 12, 2019 | Dec 27, 2019 | Sep 11, 2019 | $0.09 | normal |
Sep 12, 2019 | Sep 27, 2019 | Jun 5, 2019 | $0.09 | normal |
Jun 13, 2019 | Jun 28, 2019 | Feb 19, 2019 | $0.09 | normal |
Mar 14, 2019 | Mar 29, 2019 | Nov 28, 2018 | $0.08 | normal |
Dec 13, 2018 | Dec 28, 2018 | Sep 12, 2018 | $0.08 | normal |
Sep 13, 2018 | Sep 28, 2018 | Jun 6, 2018 | $0.08 | normal |
Jun 14, 2018 | Jun 29, 2018 | Mar 7, 2018 | $0.08 | normal |
Mar 14, 2018 | Mar 29, 2018 | Nov 29, 2017 | $0.06 | normal |
Dec 14, 2017 | Dec 29, 2017 | Sep 13, 2017 | $0.06 | normal |
Sep 14, 2017 | Sep 29, 2017 | Jun 7, 2017 | $0.06 | normal |
Jun 13, 2017 | Jun 30, 2017 | Mar 1, 2017 | $0.06 | normal |
Mar 13, 2017 | Mar 31, 2017 | Nov 30, 2016 | $0.06 | normal |
Dec 13, 2016 | Dec 30, 2016 | Sep 14, 2016 | $0.06 | normal |
Sep 13, 2016 | Sep 30, 2016 | Jun 8, 2016 | $0.06 | normal |
Jun 13, 2016 | Jun 30, 2016 | Feb 16, 2016 | $0.06 | normal |
Mar 11, 2016 | Mar 31, 2016 | Dec 2, 2015 | $0.24 | normal |
Dec 11, 2015 | Dec 31, 2015 | Sep 16, 2015 | $0.24 | normal |
Sep 11, 2015 | Sep 30, 2015 | Jun 3, 2015 | $0.24 | normal |
Devon Energy's payout ratio of 27.1% is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 49.7%, Devon Energy's payout ratio is 45% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SD Sandridge Energy Inc | 3.15% | $0.42 | 32.1% |
DVN Devon Energy Corp | 3.09% | $1.43 | 27.1% |
EOG Eog Resources Inc | 2.8% | $3.56 | 27.9% |
CHK Chesapeake Energy Corp | 2.4% | $1.87 | 23.3% |
COP Conocophillips | 1.77% | $1.96 | 22.1% |
OXY Occidental Petroleum Corp | 1.32% | $0.8 | 20.3% |
Yes, Devon Energy has been paying dividends for the last 30 years.
At this point we don't have a record of DVN's next dividend date, but based on the current dividend schedule we project that it will likely be in September 2024.
Devon Energy's last dividend ex-date was on Jun 14, 2024. The dividend amount was $0.22 per share.
DVN's annualized dividend per share is $1.43.
Currently Devon Energy's dividend yield is 3.09%.
Devon Energy has a quarterly dividend frequency.
The dividend payout ratio of Devon Energy is 27.1%.
Devon Energy's dividend yield is lower than the Energy sector average.