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DVN Devon Energy dividend history, payout ratio & dates

  1. Stocks
  2. Energy
  3. NYSE: DVN
  4. Dividend

Devon Energy's latest quarterly dividend was on Sep 9, 2022 (ex-date) with a payout of $0.18 per share. On an annualized basis, the company has a current payout of $3.29 per share. This brings the dividend yield to 5.04% based on its recent close price. The latest dividend has a decrease of $1.09, or 86% from the prior distribution.

Key dates

  • DVN last dividend date: Sep 9, 2022
  • DVN next dividend date: Not announced
Peer dividends: EOG PXD COP OXY
DVN dividend stats
DPS
$3.29
Dividend yield
4.76%
Payout ratio
41.6%
vs. Energy sector
Dividend yield
4.12%
Payout ratio
47.3%

Dividend yield

What is Devon Energy current dividend yield

Devon Energy's dividend yield of 5.04% is higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 4.12%, Devon Energy's dividend yield is 22% higher. The historical 5-year average of DVN's dividend yield is 2.2%, which is lower than the current one.

Dividend history

What is DVN dividend payout history and dates

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 648% since twelve months ago. And with the price of the stock up by 77% from a year ago, the dividend yield marks an increase of 322%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Devon Energy dividend payout ratio compared to the sector

Payout ratio

Devon Energy's payout ratio of 41.6% is above the industry and its peers average but below the Energy sector average. If we compare it with its Energy sector average of 47.3%, Devon Energy's payout ratio is 12% lower.

Total amount of dividends paid per financial year (from cash flow)

DVN dividend vs peer dividends

How does DVN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PXD Pioneer Natural Resources Co 5.29% $12.88 50.5%
DVN Devon Energy Corp 4.76% $3.29 41.6%
COP Conocophillips 3.43% $3.96 32.6%
EOG Eog Resources Inc 2.13% $2.66 27.2%
OXY Occidental Petroleum Corp 0.6% $0.4 3.7%

Frequently asked questions

Does Devon Energy pay a dividend?

Yes, Devon Energy has been paying dividends for the last 28 years.

When is Devon Energy's next dividend?

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 December 2022.

When was DVN's last dividend?

Devon Energy's last dividend ex-date was on Sep 9, 2022. The dividend amount was $0.18 per share.

How much dividend does Devon Energy pay (per share)?

DVN's annualized dividend per share is $3.29.

What is Devon Energy's dividend yield?

Currently Devon Energy's dividend yield is 5.04%.

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 41.6%.

Does Devon Energy pay a good dividend?

Devon Energy's dividend yield is higher than the Energy sector average.