Devon Energy's latest quarterly dividend was on Dec 9, 2022 (ex-date) with a payout of $1.35 per share. On an annualized basis, the company has a current payout of $3.8 per share. This brings the dividend yield to 5.82% based on its recent close price.
Devon Energy's dividend yield of 5.82% is higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 3.93%, Devon Energy's dividend yield is 48% higher. 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 five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share marks an increase of 225% since twelve months ago. And with the price of the stock up by 27% from a year ago, the dividend yield marks an increase of 156%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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 | $0.38 | special |
Sep 10, 2021 | Sep 30, 2021 | Aug 3, 2021 | $0.11 | normal |
Jun 11, 2021 | Jun 30, 2021 | May 4, 2021 | $0.11 | normal |
Jun 11, 2021 | Jun 30, 2021 | May 4, 2021 | $0.23 | special |
May 13, 2021 | Jun 30, 2021 | May 4, 2021 | $0.23 | special |
May 13, 2021 | Jun 30, 2021 | May 4, 2021 | $0.11 | normal |
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 39.7% is above the industry and its peers average but below the Energy sector average. But if we consider its Energy sector average of 41.1%, Devon Energy's payout ratio is only 3.4% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PXD Pioneer Natural Resources Co | 7.93% | $18.59 | 63% |
DVN Devon Energy Corp | 5.82% | $3.8 | 39.7% |
COP Conocophillips | 3.24% | $4.01 | 28.8% |
EOG Eog Resources Inc | 2.28% | $3.08 | 24% |
OXY Occidental Petroleum Corp | 0.78% | $0.52 | 4% |
Yes, Devon Energy has been paying dividends for the last 28 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 March 2023.
Devon Energy's last dividend ex-date was on Dec 9, 2022. The dividend amount was $1.35 per share.
DVN's annualized dividend per share is $3.8.
Currently Devon Energy's dividend yield is 5.82%.
Devon Energy has a quarterly dividend frequency.
The dividend payout ratio of Devon Energy is 39.7%.
Devon Energy's dividend yield is higher than the Energy sector average.