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Devon Energy (DVN) Declares $1.55 Quarterly Dividend

August 1, 2022 3:05 PM EDT

Devon Energy (NYSE: DVN) declared a quarterly dividend of $1.55 per share, or $6.2 annualized.

The dividend will be payable on September 30, 2022, to stockholders of record on September 12, 2022, with an ex-dividend date of September 9, 2022.

The annual yield on the dividend is 10 percent.

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Devon Energy Corp. (NYSE: DVN) announced today its board of directors declared a fixed-plus-variable dividend of $1.55 per share based on the company’s second-quarter financial performance. This record payout represents a 22 percent increase from the previous quarter.

As part of the second-quarter dividend announcement, the board approved an increase in the fixed dividend of 13 percent or $0.02 per share. The company’s fixed-plus-variable dividend is payable on Sep. 30, 2022 to shareholders of record at the close of business on Sep. 12, 2022.

ABOUT DEVON ENE

For a dividend history and other dividend-related data on Devon Energy (DVN) click here.



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