Last dividend date: Jun 15, 2026
Dividend yield: 2.57%
Payout ratio: 28.8%
Devon Energy's latest dividend was on Jun 15, 2026 (ex-date) with a payout of $0.32 per share. On an annualized basis, the company has a current payout of $1.04 per share. This brings the dividend yield to 2.57% based on its recent close price. The latest dividend marks an increase of $0.08, or 33% from the prior distribution.
DVN dividend stats
vs. Energy sector
Devon Energy Dividend yield
Devon Energy's dividend yield of 2.57% is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 3.94%, Devon Energy's dividend yield is 35% lower. The historical 5-year average of DVN's dividend yield is 2.0%, which is lower than the current one.
DVN Dividend history
Devon Energy has been paying dividends since 1993. DVN has distributed four quarterly dividends in the past year. The annualized dividend per share has a decrease of 9% since twelve months ago. And with the price of the stock up by 22% from a year ago, the dividend yield has a decrease of 25%.
Devon Energy Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 15, 2026 | $0.32 | 2.39% |
| Mar 13, 2026 | $0.24 | 2.08% |
| Dec 15, 2025 | $0.24 | 2.65% |
| Sep 15, 2025 | $0.24 | 2.78% |
| Jun 13, 2025 | $0.24 | 3.25% |
| 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 dividend payout ratio
Payout ratio
Devon Energy's payout ratio of 28.8% is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 66.5%, Devon Energy's payout ratio is 57% lower.
Total amount of dividends paid per financial year (from cash flow)
DVN dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BP BP plc | 5.34% | $2 | 159.8% |
| SD Sandridge Energy Inc | 5.21% | $0.69 | 33.3% |
| EXE Expand Energy Corp. | 3.52% | $3.19 | 23.6% |
| COP Conocophillips | 3.15% | $3.3 | 55.9% |
| EOG Eog Resources Inc | 3.09% | $4.04 | 39.4% |
| DVN Devon Energy Corp | 2.57% | $1.04 | 28.8% |
| OXY Occidental Petroleum Corp | 2.04% | $1 | 24.7% |
Frequently asked questions
Does Devon Energy pay a dividend?
Yes, Devon Energy has been paying dividends for the last 33 years.
When was DVN's last dividend?
Devon Energy's last dividend ex-date was on Jun 15, 2026. The dividend amount was $0.32 per share.
How much dividend does Devon Energy pay (per share)?
DVN's annualized dividend per share is $1.04.
What is Devon Energy's dividend yield?
Currently Devon Energy's dividend yield is 2.57%.
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 28.8%.
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.