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Devon Stock Dividends Overview

DVN pays dividends quarterly. Last paid amount was $0.220 at Mar 28, 2024. As of today, dividend yield (TTM) is 2.98%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.98%
Frequency Quarterly
1Y Growth -69.44%
Payout Ratio 0
Amount Per Share $0.220
Next Ex-Dividend Date Jun 14, 2024
Next Payment Date Jun 28, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from DVN the purchase should be done within the next 39 days.
Here's a simple guide on how to buy DVN stock.

DVN Dividend Payout History

To ensure a understanding of DVN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jun 28, 2024 $0.350 0.693%
2 Feb 27, 2024 Mar 14, 2024 Mar 28, 2024 $0.220 0.438%
3 Nov 07, 2023 Dec 14, 2023 Dec 29, 2023 $0.200 0.442%
4 Aug 01, 2023 Sep 14, 2023 Sep 29, 2023 $0.290 0.608%
5 May 08, 2023 Jun 14, 2023 Jun 30, 2023 $0.720 1.49%
6 Feb 14, 2023 Mar 14, 2023 Mar 31, 2023 $0.89 1.76%
7 Nov 01, 2022 Dec 09, 2022 Dec 30, 2022 $1.35 2.19%
8 Aug 01, 2022 Sep 09, 2022 Sep 30, 2022 $1.55 2.58%
9 May 02, 2022 Jun 10, 2022 Jun 30, 2022 $1.27 2.30%
10 Feb 15, 2022 Mar 11, 2022 Mar 31, 2022 $1.00 1.69%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (85.91%)

Growth potential

Increase likely (57.26%)

DVN Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from DVN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in DVN stock here.

Comparing DVN to Sector and Country

DVN pays a solid dividend yield of 2.98%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.45%). DVN’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (11.76%), which means that there are more attractive dividend stocks to consider.

DVN Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
PBA
Pembina Pipeline Corp 19.44B $0.494 6.06% 88.91%
TS
Tenaris SA 19.275B $0.400 3.94% 18.05%
DVN
Devon 31.847B $0.220 2.98% 46.62%

FAQ

What factors can affect the amount of DVN's dividend payments?
The amount of DVN's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in DVN sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from DVN stock be automatically reinvested?
If DVN offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy DVN stock.

How often does DVN pay dividend?
Devon (DVN) pays dividends quarterly. The most recent payout was on Mar 28, 2024. The upcoming dividend Ex Date is Jun 14, 2024, with an amount of $0.350.

How much does DVN pays per share?
The last recorder (Mar 14, 2024) dividend per share was $0.220.

What is DVN dividend growth rate?
Over the last year, Devon has witnessed growth rate of -69.44% . Looking back over the past 3 years, this growth rate has been -13.51%. Furthermore, examining the past 5 years, Devon has maintained an average Dividends Per Share Growth Rate of 19.57%.
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About Devon Energy Corporation

Devon Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.... DVN Profile

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