Dividends
Dividend payments are $1.04 per share, with a current dividend yield of 2.46%.
DVN Dividend Summary
Dividend Yield
2.46%
Dividends per Share
$1.04
Payout Ratio
28.98%
FCF Payout Ratio
29.94%
Consecutive Years
0
Most Recent Ex-Date
Jun 15, 2026
Next Payment Date
Jun 30, 2026
DVN Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
DVN Dividends CAGR Chart
Devon Energy Corporation (DVN)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $0.56 | — |
| 2025 | $0.96 | -33.79% |
| 2024 | $1.45 | -49.48% |
| 2023 | $2.87 | -44.49% |
| 2022 | $5.17 | +162.44% |
| 2021 | $1.97 | N/A |
| 2020 | $0.68 | N/A |
| 2019 | $0.35 | +16.67% |
| 2018 | $0.30 | +25.00% |
| 2017 | $0.24 | -42.86% |
| 2016 | $0.42 | -56.25% |
| 2015 | $0.96 | +2.13% |
| 2014 | $0.94 | +9.30% |
| 2013 | $0.86 | +11.69% |
| 2012 | $0.77 | +14.93% |
| 2011 | $0.67 | +4.69% |
| 2010 | $0.64 | +0.00% |
| 2009 | $0.64 | +0.00% |
| 2008 | $0.64 | +14.29% |
| 2007 | $0.56 | +24.44% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $0.32 | +33.33% |
| Q1 2026 | $0.24 | +0.00% |
| Q4 2025 | $0.24 | +9.09% |
| Q3 2025 | $0.24 | -45.45% |
| Q2 2025 | $0.24 | -31.43% |
| Q1 2025 | $0.24 | -45.45% |
| Q4 2024 | $0.22 | -71.43% |
| Q3 2024 | $0.44 | -10.20% |
| Q2 2024 | $0.35 | -51.39% |
| Q1 2024 | $0.44 | -50.56% |
| Q4 2023 | $0.77 | -42.96% |
| Q3 2023 | $0.49 | -68.39% |
| Q2 2023 | $0.72 | -43.31% |
| Q1 2023 | $0.89 | -11.00% |
| Q4 2022 | $1.35 | +60.71% |
| Q3 2022 | $1.55 | +216.33% |
| Q2 2022 | $1.27 | +273.53% |
| Q1 2022 | $1.00 | +233.33% |
| Q4 2021 | $0.84 | +663.64% |
| Q3 2021 | $0.49 | — |
| Q2 2021 | $0.34 | +209.09% |
| Q1 2021 | $0.30 | +233.33% |
| Q4 2020 | $0.11 | +22.22% |
| Q3 2020 | $0.37 | — |
Dividend Yield Metrics
- Current Yield
- 2.46%
- Average Yield (TTM)
- 3.03%
- Average Yield (3Y)
- 4.17%
- Forward Yield on Cost (3Y)
- 1.48%
- Forward Yield on Cost (5Y)
- 0.92%
- Forward Yield on Cost (10Y)
- 0.28%
Payout Ratio Analysis
- Payout Ratio (Current)
- 28.98%
- FCF Payout Ratio
- 29.94%
- Payout Ratio (3Y Avg)
- 34.50%
- Payout Ratio (5Y Avg)
- 41.38%
- FCF Payout (3Y Avg)
- 62.93%
- FCF Payout (5Y Avg)
- 73.36%
Dividend Coverage
Payout Ratio
29.0%
Dividends / net income
FCF Payout Ratio
29.9%
Dividends / free cash flow
Consecutive Years
N/A
Years with regular dividend payments
5Y Dividend Growth
7.1%
Compound annual dividend growth
About Devon Energy Corporation
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Clay Gaspar