DVN Devon Energy dividend history, payout ratio & dates
Devon Energy's latest dividend was on Sep 13, 2024 (ex-date) with a payout of $0.44 per share. On an annualized basis, the company has a current payout of $1.21 per share. This brings the dividend yield to 3.17% based on its recent close price. The latest dividend marks an increase of $0.09, or 26% from the prior distribution.
Key dates
- DVN last dividend date: Sep 13, 2024
DVN dividend stats
vs. Energy sector
Dividend yield
Devon Energy's dividend yield of 3.17% is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 4.49%, Devon Energy's dividend yield is 29% lower. The historical 5-year average of DVN's dividend yield is 2.4%, which is lower than the current one.
Dividend history
Devon Energy has been paying dividends since 1994. DVN has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 55% since twelve months ago. And with the price of the stock down by 18% from a year ago, the dividend yield marks an increase of 90%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.44 | 3.07% |
| Jun 14, 2024 | $0.35 | 2.13% |
| Mar 14, 2024 | $0.22 | 1.71% |
| Dec 14, 2023 | $0.2 | 1.78% |
| Sep 14, 2023 | $0.2 | 1.53% |
| Jun 14, 2023 | $0.2 | 1.55% |
| Mar 14, 2023 | $0.2 | 1.46% |
| Dec 9, 2022 | $0.18 | 1.14% |
| Sep 9, 2022 | $0.18 | 0.89% |
| Jun 10, 2022 | $0.16 | 0.73% |
| Mar 11, 2022 | $0.16 | 0.84% |
| Dec 9, 2021 | $0.11 | 1.04% |
| Sep 10, 2021 | $0.11 | 1.57% |
| Jun 11, 2021 | $0.11 | 2.39% |
| Mar 12, 2021 | $0.11 | 2.89% |
| Dec 10, 2020 | $0.11 | 4.1% |
| Sep 11, 2020 | $0.11 | 7.36% |
| Aug 13, 2020 | $0.26 | 5.41% |
| Jun 12, 2020 | $0.11 | 2.97% |
| Mar 12, 2020 | $0.09 | 4.95% |
| Dec 12, 2019 | $0.09 | 1.46% |
| Sep 12, 2019 | $0.09 | 1.38% |
| Jun 13, 2019 | $0.09 | 1.26% |
| Mar 14, 2019 | $0.08 | 1.08% |
| Dec 13, 2018 | $0.08 | 1.12% |
| Sep 13, 2018 | $0.08 | 0.68% |
| Jun 14, 2018 | $0.08 | 0.62% |
| Mar 14, 2018 | $0.06 | 0.74% |
| Dec 14, 2017 | $0.06 | 0.63% |
| Sep 14, 2017 | $0.06 | 0.71% |
| Jun 13, 2017 | $0.06 | 0.72% |
| Mar 13, 2017 | $0.06 | 0.59% |
| Dec 13, 2016 | $0.06 | 0.87% |
| Sep 13, 2016 | $0.06 | 1.46% |
| Jun 13, 2016 | $0.06 | 2.18% |
| Mar 11, 2016 | $0.24 | 3.87% |
| Dec 11, 2015 | $0.24 | 2.86% |
| Sep 11, 2015 | $0.24 | 2.47% |
| Jun 11, 2015 | $0.24 | 1.53% |
| Mar 11, 2015 | $0.24 | 1.66% |
Devon Energy dividend payout ratio
Payout ratio
Devon Energy's payout ratio of 21.8% is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 49.2%, Devon Energy's payout ratio is 56% lower.
Total amount of dividends paid per financial year (from cash flow)
DVN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SD Sandridge Energy Inc | 17.28% | $1.93 | 175.5% |
| EOG Eog Resources Inc | 4.25% | $5.14 | 39.5% |
| DVN Devon Energy Corp | 3.15% | $1.21 | 21.8% |
| COP Conocophillips | 3.06% | $3.14 | 34.9% |
| EXE Expand Energy Corp. | 2.78% | $2.44 | 123.9% |
| MRO Marathon Oil Corp | 1.69% | $0.44 | 17.1% |
| OXY Occidental Petroleum Corp | 1.67% | $0.84 | 19.2% |
Frequently asked questions
Does Devon Energy pay a dividend?
Yes, Devon Energy has been paying dividends for the last 30 years.
When was DVN's last dividend?
Devon Energy's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.44 per share.
How much dividend does Devon Energy pay (per share)?
DVN's annualized dividend per share is $1.21.
What is Devon Energy's dividend yield?
Currently Devon Energy's dividend yield is 3.17%.
How often does Devon Energy pay dividends?
Devon Energy has a quarterly dividend frequency.
What is Devon Energy's dividend payout ratio?
The dividend payout ratio of Devon Energy is 21.8%.
Does Devon Energy pay a good dividend?
Devon Energy's dividend yield is lower than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.