Devon Energy Corp. (DVN) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 5.5 years, DVN has averaged an annual trailing twelve month dividend growth rate of 1,201,290%.
- DVN reports a compound annual dividend growth rate of -0.92% over the past 5.5 years.
- In terms of absolute dollars distributed to common shareholders over the past 12 months, DVN has returned $426 US dollars, more than just 0.05% of US dividend issuers.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with DVN that may be suitable potential portfolio mates: BAH, CNXN, REYN, NGVC and CIB.
DVN Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $42.41 | $54.1 | -12.27% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of DVN, the dividend discount model StockNews created for the company implies a negative return of 12.27%. To help understand and contextualize the model's evaluation of DVN, investors may wish to consider are:
- DVN's market cap is about 41 billion US dollars -- this puts the stock in the large-sized market cap class, and its dividend yield is greater than 96.74% of dividend yielding stocks in the same market cap class.
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for DVN than it is for 7.62% of other equities in the Energy sector that also issue dividends.
- In terms of who is growing the amount of dividends they return to shareholders, Devon Energy Corp has been increasing its dividends at a faster rate than merely 0% of US-listed dividend-issuing stocks we observed.
DVN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-12-14 | Dividend | $0.77 | +57.14% |
| 2023-09-14 | Dividend | $0.49 | -31.94% |
| 2023-06-14 | Dividend | $0.72 | -19.10% |
| 2023-03-14 | Dividend | $0.89 | -34.07% |
| 2022-12-09 | Dividend | $1.35 | -12.90% |
| 2022-09-09 | Dividend | $1.55 | +22.05% |
| 2022-06-10 | Dividend | $1.27 | +27.00% |
| 2022-03-11 | Dividend | $1.00 | +19.05% |
| 2021-12-09 | Dividend | $0.84 | +71.43% |
| 2021-09-10 | Dividend | $0.49 | +44.12% |
| 2021-06-11 | Dividend | $0.34 | +13.33% |
| 2021-03-12 | Dividend | $0.30 | +172.73% |
| 2020-12-10 | Dividend | $0.11 | -- |
| 2020-09-11 | Dividend | $0.11 | -57.69% |
| 2020-08-13 | Dividend | $0.26 | +136.36% |
| 2020-06-12 | Dividend | $0.11 | +22.22% |
| 2020-03-12 | Dividend | $0.09 | -- |
| 2019-12-12 | Dividend | $0.09 | -- |
| 2019-09-12 | Dividend | $0.09 | -- |
| 2019-06-13 | Dividend | $0.09 | +12.50% |
| 2019-03-14 | Dividend | $0.08 | -- |
| 2018-12-13 | Dividend | $0.08 | -- |
| 2018-09-13 | Dividend | $0.08 | -- |
| 2018-06-14 | Dividend | $0.08 | +33.33% |
| 2018-03-14 | Dividend | $0.06 | -- |
| 2017-12-14 | Dividend | $0.06 | -- |
| 2017-09-14 | Dividend | $0.06 | -- |
| 2017-06-13 | Dividend | $0.06 | -- |
| 2017-03-13 | Dividend | $0.06 | -- |
| 2016-12-13 | Dividend | $0.06 | -- |
| 2016-09-13 | Dividend | $0.06 | -- |
| 2016-06-13 | Dividend | $0.06 | -75.00% |
| 2016-03-11 | Dividend | $0.24 | -- |
| 2015-12-11 | Dividend | $0.24 | -- |
| 2015-09-11 | Dividend | $0.24 | -- |
| 2015-06-11 | Dividend | $0.24 | -- |
| 2015-03-11 | Dividend | $0.24 | -- |
| 2014-12-10 | Dividend | $0.24 | -- |
| 2014-09-10 | Dividend | $0.24 | -- |
| 2014-06-11 | Dividend | $0.24 | +9.09% |
| 2014-03-12 | Dividend | $0.22 | -- |
| 2013-12-11 | Dividend | $0.22 | -- |
| 2013-09-11 | Dividend | $0.22 | -- |
| 2013-06-12 | Dividend | $0.22 | +10.00% |
| 2013-03-13 | Dividend | $0.20 | -- |
| 2012-12-12 | Dividend | $0.20 | -- |
| 2012-09-12 | Dividend | $0.20 | -- |
| 2012-06-13 | Dividend | $0.20 | -- |
| 2012-03-13 | Dividend | $0.20 | +17.65% |
| 2011-12-13 | Dividend | $0.17 | -- |
| 2011-09-13 | Dividend | $0.17 | -- |
| 2011-06-13 | Dividend | $0.17 | +6.25% |
| 2011-03-11 | Dividend | $0.16 | -- |
| 2010-12-13 | Dividend | $0.16 | -- |
| 2010-09-13 | Dividend | $0.16 | -- |
| 2010-06-11 | Dividend | $0.16 | -- |
| 2010-03-11 | Dividend | $0.16 | -- |
| 2009-12-11 | Dividend | $0.16 | -- |
| 2009-09-11 | Dividend | $0.16 | -- |
| 2009-06-11 | Dividend | $0.16 | -- |
| 2009-03-12 | Dividend | $0.16 | -- |
| 2008-12-11 | Dividend | $0.16 | -- |
| 2008-09-12 | Dividend | $0.16 | -- |
| 2008-06-12 | Dividend | $0.16 | -- |
| 2008-03-12 | Dividend | $0.16 | +14.29% |
| 2007-12-12 | Dividend | $0.14 | -- |
| 2007-09-12 | Dividend | $0.14 | -- |
| 2007-06-13 | Dividend | $0.14 | -- |
| 2007-03-13 | Dividend | $0.14 | +24.44% |
| 2006-12-13 | Dividend | $0.11 | -- |
| 2006-09-13 | Dividend | $0.11 | -- |
| 2006-06-13 | Dividend | $0.11 | -- |
| 2006-03-13 | Dividend | $0.11 | +50.00% |
| 2005-12-13 | Dividend | $0.08 | -- |
| 2005-09-13 | Dividend | $0.08 | -- |
| 2005-06-13 | Dividend | $0.08 | -- |
| 2005-03-11 | Dividend | $0.08 | +50.00% |
| 2004-12-13 | Dividend | $0.05 | -- |
| 2004-11-16 | Split | 2-1-for-1 Stock Split | N/A |
| 2004-09-13 | Dividend | $0.10 | -- |
| 2004-06-14 | Dividend | $0.10 | -- |
| 2004-03-11 | Dividend | $0.10 | +100.00% |
| 2003-12-12 | Dividend | $0.05 | -- |
| 2003-09-12 | Dividend | $0.05 | -- |
| 2003-04-22 | Dividend | $0.05 | -- |
| 2003-03-13 | Dividend | $0.05 | -- |
| 2002-12-12 | Dividend | $0.05 | -- |
| 2002-09-12 | Dividend | $0.05 | -- |
| 2002-06-12 | Dividend | $0.05 | -- |
| 2002-03-13 | Dividend | $0.05 | -- |
| 2001-12-13 | Dividend | $0.05 | -- |
| 2001-09-12 | Dividend | $0.05 | -- |
| 2001-06-13 | Dividend | $0.05 | -- |
| 2001-03-13 | Dividend | $0.05 | -- |
| 2000-12-13 | Dividend | $0.05 | -- |
| 2000-09-13 | Dividend | $0.05 | -- |
| 2000-06-13 | Dividend | $0.05 | -- |
| 2000-03-13 | Dividend | $0.05 | -- |
| 1999-12-13 | Dividend | $0.05 | -- |
| 1999-09-13 | Dividend | $0.05 | -- |
| 1999-06-11 | Dividend | $0.05 | +100.00% |
| 1999-03-11 | Dividend | $0.03 | -- |
| 1998-12-11 | Dividend | $0.03 | -- |
| 1998-09-11 | Dividend | $0.03 | -- |
| 1998-06-11 | Dividend | $0.03 | -- |
| 1998-03-12 | Dividend | $0.03 | -- |
| 1997-12-11 | Dividend | $0.03 | -- |
| 1997-09-11 | Dividend | $0.03 | -- |
| 1997-06-12 | Dividend | $0.03 | -- |
| 1997-03-12 | Dividend | $0.03 | -- |
| 1996-12-12 | Dividend | $0.03 | +66.67% |
| 1996-09-11 | Dividend | $0.02 | -- |
| 1996-06-12 | Dividend | $0.02 | -- |
| 1996-03-13 | Dividend | $0.02 | -- |
| 1995-12-13 | Dividend | $0.02 | -- |
| 1995-09-13 | Dividend | $0.02 | -- |
| 1995-06-13 | Dividend | $0.02 | -- |
| 1995-03-09 | Dividend | $0.02 | -- |
| 1994-12-09 | Dividend | $0.02 | -- |
| 1994-09-09 | Dividend | $0.02 | -- |
| 1994-06-09 | Dividend | $0.02 | -- |
| 1994-03-09 | Dividend | $0.02 | -- |
| 1993-12-09 | Dividend | $0.02 | -- |
| 1993-09-09 | Dividend | $0.02 | -- |
| 1993-06-09 | Dividend | $0.02 | -- |
DVN Dividends vs. Peers
DVN's dividend yield currently ranks #52 of 177 vs. its peers in the Energy - Oil & Gas category.
Looking for More Information on DVN dividends?
Here are a few links from around the web to help you further your research on Devon Energy Corp and its dividends:Devon Energy Corp Common Stock (DVN) Dividend History | Nasdaq
Dividend History for Devon Energy Corp (DVN) - Dividend Investor
Devon Energy Corp (DVN) Dividend History - Seeking Alpha