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 2.82% based on its recent close price. The latest dividend marks an increase of $0.09, or 26% from the prior distribution.
Devon Energy's dividend yield of 2.82% is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 4.36%, Devon Energy's dividend yield is 35% lower. The historical 5-year average of DVN's dividend yield is 2.4%, 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 55% since twelve months ago. And with the price of the stock down by 7% from a year ago, the dividend yield marks an increase of 67%.
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'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.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SD Sandridge Energy Inc | 15.6% | $1.93 | 175.5% |
EOG Eog Resources Inc | 3.82% | $5.06 | 38.9% |
DVN Devon Energy Corp | 2.82% | $1.21 | 21.8% |
EXE Expand Energy Corp. | 2.82% | $2.44 | 72.8% |
COP Conocophillips | 2.81% | $3.14 | 34.9% |
MRO Marathon Oil Corp | 1.55% | $0.44 | 17.1% |
OXY Occidental Petroleum Corp | 1.54% | $0.84 | 19.2% |
Yes, Devon Energy has been paying dividends for the last 30 years.
Devon Energy's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.44 per share.
DVN's annualized dividend per share is $1.21.
Currently Devon Energy's dividend yield is 2.82%.
Devon Energy has a quarterly dividend frequency.
The dividend payout ratio of Devon Energy is 21.8%.
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.