Devon Energy's latest dividend was on Mar 14, 2025 (ex-date) with a payout of $0.24 per share. On an annualized basis, the company has a current payout of $1.25 per share. This brings the dividend yield to 3.4% based on its recent close price. The latest dividend marks an increase of $0.02, or 9% from the prior distribution.
Devon Energy's dividend yield of 3.4% is higher than its peers average but lower than the Energy sector and the industry average. In comparison with the Energy sector average of 4.48%, Devon Energy's dividend yield is 24% lower. The historical 5-year average of DVN's dividend yield is 2.5%, which is lower than the current one.
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 52% since twelve months ago. And with the price of the stock down by 27% from a year ago, the dividend yield marks an increase of 108%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Mar 14, 2025 | $0.24 | 3.62% |
Dec 13, 2024 | $0.22 | 3.63% |
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's payout ratio of 27.3% is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 61.1%, Devon Energy's payout ratio is 55% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
BP BP plc | 5.56% | $1.88 | 1,340% |
SD Sandridge Energy Inc | 3.82% | $0.44 | 25.9% |
DVN Devon Energy Corp | 3.34% | $1.25 | 27.3% |
COP Conocophillips | 3.17% | $3.32 | 42.5% |
EOG Eog Resources Inc | 2.87% | $3.71 | 32.8% |
EXE Expand Energy Corp. | 2.19% | $2.44 | N/A |
OXY Occidental Petroleum Corp | 1.82% | $0.9 | 34.7% |
Yes, Devon Energy has been paying dividends for the last 31 years.
Devon Energy's last dividend ex-date was on Mar 14, 2025. The dividend amount was $0.24 per share.
DVN's annualized dividend per share is $1.25.
Currently Devon Energy's dividend yield is 3.4%.
Devon Energy has a quarterly dividend frequency.
The dividend payout ratio of Devon Energy is 27.3%.
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.