DVN - NYSE
Devon Energy Corporation
$46.18
-0.086%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.
At a Glance
Live SnapshotDevon Energy Corporation Dividend History
DVN Dividend Payment History
Total Payments
50
Latest Dividend
$0.3200
Annual Amount
$1.0400
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 7, 2026 | Jun 15, 2026 | Jun 30, 2026 | $0.3200 | $0.3200 | Quarterly | +33.33% |
Feb 17, 2026 | Mar 13, 2026 | Mar 31, 2026 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Nov 5, 2025 | Dec 15, 2025 | Dec 30, 2025 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Aug 5, 2025 | Sep 15, 2025 | Sep 30, 2025 | $0.2400 | $0.2400 | Quarterly | 0.00% |
May 6, 2025 | Jun 13, 2025 | Jun 30, 2025 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Feb 18, 2025 | Mar 14, 2025 | Mar 31, 2025 | $0.2400 | $0.2400 | Quarterly | +9.09% |
Nov 5, 2024 | Dec 13, 2024 | Dec 30, 2024 | $0.2200 | $0.2200 | Quarterly | -50.00% |
Aug 6, 2024 | Sep 13, 2024 | Sep 30, 2024 | $0.4400 | $0.4400 | Quarterly | +25.71% |
May 1, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.3500 | $0.3500 | Quarterly | -20.45% |
Feb 27, 2024 | Mar 15, 2024 | Mar 28, 2024 | $0.4400 | $0.4400 | Quarterly | -42.86% |
Nov 7, 2023 | Dec 15, 2023 | Dec 29, 2023 | $0.7700 | $0.7700 | Quarterly | +57.14% |
Aug 1, 2023 | Sep 15, 2023 | Sep 29, 2023 | $0.4900 | $0.4900 | Quarterly | -31.94% |
May 8, 2023 | Jun 15, 2023 | Jun 30, 2023 | $0.7200 | $0.7200 | Quarterly | -19.10% |
Feb 14, 2023 | Mar 15, 2023 | Mar 31, 2023 | $0.8900 | $0.8900 | Quarterly | -34.07% |
Nov 1, 2022 | Dec 12, 2022 | Dec 30, 2022 | $1.3500 | $1.3500 | Quarterly | -12.90% |
Aug 1, 2022 | Sep 12, 2022 | Sep 30, 2022 | $1.5500 | $1.5500 | Quarterly | +22.05% |
May 2, 2022 | Jun 13, 2022 | Jun 30, 2022 | $1.2700 | $1.2700 | Quarterly | +27.00% |
Feb 15, 2022 | Mar 14, 2022 | Mar 31, 2022 | $1.0000 | $1.0000 | Quarterly | +19.05% |
Nov 2, 2021 | Dec 10, 2021 | Dec 30, 2021 | $0.8400 | $0.8400 | Quarterly | +71.43% |
Aug 3, 2021 | Sep 13, 2021 | Sep 30, 2021 | $0.4900 | $0.4900 | Quarterly | +44.12% |
May 4, 2021 | Jun 14, 2021 | Jun 30, 2021 | $0.3400 | $0.3400 | Quarterly | +13.33% |
Dec 2, 2020 | Mar 15, 2021 | Mar 31, 2021 | $0.3000 | $0.3000 | Quarterly | +172.73% |
Sep 16, 2020 | Dec 11, 2020 | Dec 30, 2020 | $0.1100 | $0.1100 | Quarterly | -57.69% |
Aug 4, 2020 | Aug 14, 2020 | Oct 1, 2020 | $0.2600 | $0.2600 | Quarterly | +136.36% |
Jun 3, 2020 | Sep 14, 2020 | Sep 30, 2020 | $0.1100 | $0.1100 | Quarterly | 0.00% |
Feb 18, 2020 | Jun 15, 2020 | Jun 30, 2020 | $0.1100 | $0.1100 | Quarterly | +22.22% |
Dec 4, 2019 | Mar 13, 2020 | Mar 31, 2020 | $0.0900 | $0.0900 | Quarterly | 0.00% |
Sep 11, 2019 | Dec 13, 2019 | Dec 27, 2019 | $0.0900 | $0.0900 | Quarterly | 0.00% |
Jun 5, 2019 | Sep 13, 2019 | Sep 27, 2019 | $0.0900 | $0.0900 | Quarterly | 0.00% |
Feb 19, 2019 | Jun 14, 2019 | Jun 28, 2019 | $0.0900 | $0.0900 | Quarterly | +12.50% |
Nov 28, 2018 | Mar 15, 2019 | Mar 29, 2019 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Sep 12, 2018 | Dec 14, 2018 | Dec 28, 2018 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Jun 6, 2018 | Sep 14, 2018 | Sep 28, 2018 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Mar 7, 2018 | Jun 15, 2018 | Jun 29, 2018 | $0.0800 | $0.0800 | Quarterly | +33.33% |
Nov 29, 2017 | Mar 15, 2018 | Mar 29, 2018 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Sep 13, 2017 | Dec 15, 2017 | Dec 29, 2017 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Jun 7, 2017 | Sep 15, 2017 | Sep 29, 2017 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Mar 2, 2017 | Jun 15, 2017 | Jun 30, 2017 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Nov 30, 2016 | Mar 15, 2017 | Mar 31, 2017 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Sep 14, 2016 | Dec 15, 2016 | Dec 30, 2016 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Jun 8, 2016 | Sep 15, 2016 | Sep 30, 2016 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Feb 17, 2016 | Jun 15, 2016 | Jun 30, 2016 | $0.0600 | $0.0600 | Quarterly | -75.00% |
Dec 2, 2015 | Mar 15, 2016 | Mar 31, 2016 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Sep 16, 2015 | Dec 15, 2015 | Dec 31, 2015 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jun 3, 2015 | Sep 15, 2015 | Sep 30, 2015 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Mar 5, 2015 | Jun 15, 2015 | Jun 30, 2015 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Dec 3, 2014 | Mar 13, 2015 | Mar 31, 2015 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Sep 10, 2014 | Dec 12, 2014 | Dec 31, 2014 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jun 4, 2014 | Sep 12, 2014 | Sep 30, 2014 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Mar 6, 2014 | Jun 13, 2014 | Jun 30, 2014 | $0.2400 | $0.2400 | Quarterly | - |
Devon Energy Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.
Sustainability
Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.
Key Insight
Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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