Devon Energy Corporation (DVN) Dividend History

NYSE: DVNYield, payment dates, growth and payout ratio.

DVN latest dividend

$0.32last dividend per share
Ex-dividend dateSep 15Tuesday, 2026
Payment dateSep 30Wednesday, 2026

The next dividend has not been announced yet.

  • 1993paying since
  • Quarterly4 payments a year
  • +7.1%5-year growth a year
  • 2.52%forward yield

DVN dividend income calculator

Dividend income a year
$128
Each payment
$32
Value of the shares
$5,073
Dividend yield
2.52%

At the latest close; forward annual dividend $1.28 per share, before tax.

DVN dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

DVN dividend safety

Payout ratio (earnings)25.1%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)22.1%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+7.1%
Growing · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

DVN yield on cost

Devon Energy Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$31.744.03%$1.123.5%
3 years ago$50.082.56%$4.068.1%
5 years ago$40.523.16%$12.1730.0%
10 years ago$41.903.05%$14.9335.6%
20 years ago$66.431.93%$22.1133.3%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

DVN dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

DVN dividends by year

Devon Energy Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$0.96−33.8%2.62%4
2024$1.45−49.5%4.43%4
2023$2.87−44.5%6.34%4
2022$5.17+162.4%8.41%4
2021$1.97+189.7%4.47%4
2020$0.68—4.30%5
2019$0.35+16.7%1.35%4
2018$0.30+25.0%1.33%4
2017$0.24−42.9%0.58%4
2016$0.42−56.2%0.92%4
2015$0.96+2.1%3.00%4
2014$0.94+9.3%1.54%4
2013$0.86+7.5%1.39%4
2012$0.80+19.4%1.54%4
2011$0.67+4.7%1.08%4
2010$0.640.0%0.82%4
2009$0.640.0%0.87%4
2008$0.64+14.3%0.97%4
2007$0.56+23.9%0.63%4
2006$0.45—0.67%4

DVN dividend history

136 payments
Devon Energy Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-152026-09-30$0.32—Quarterly
2026-06-152026-06-30$0.32+33.3%Quarterly
2026-03-132026-03-31$0.24—Quarterly
2025-12-152025-12-30$0.24—Quarterly
2025-09-152025-09-30$0.24—Quarterly
2025-06-132025-06-30$0.24—Quarterly
2025-03-142025-03-31$0.24+9.1%Quarterly
2024-12-132024-12-30$0.22−50.0%Quarterly
2024-09-132024-09-30$0.44+25.7%Quarterly
2024-06-142024-06-28$0.35−20.5%Quarterly
2024-03-142024-03-28$0.44−42.9%Quarterly
2023-12-142023-12-29$0.77+57.1%Quarterly
2023-09-142023-09-29$0.49−31.9%Quarterly
2023-06-142023-06-30$0.72−19.1%Quarterly
2023-03-142023-03-31$0.89−34.1%Quarterly
2022-12-092022-12-30$1.35−12.9%Quarterly
Show all 136 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-092022-09-30$1.55+22.0%Quarterly
2022-06-102022-06-30$1.27+27.0%Quarterly
2022-03-112022-03-31$1.00+19.0%Quarterly
2021-12-092021-12-30$0.84+71.4%Quarterly
2021-09-102021-09-30$0.49+44.1%Quarterly
2021-06-112021-06-30$0.34+13.3%Quarterly
2021-03-122021-03-31$0.3+172.7%Quarterly
2020-12-102020-12-30$0.11—Quarterly
2020-09-112020-09-30$0.11−57.7%Quarterly
2020-08-132020-10-01$0.26+136.4%
2020-06-122020-06-30$0.11+22.2%Quarterly
2020-03-122020-03-31$0.09—Quarterly
2019-12-122019-12-27$0.09—Quarterly
2019-09-122019-09-27$0.09—Quarterly
2019-06-132019-06-28$0.09+12.5%Quarterly
2019-03-142019-03-29$0.08—Quarterly
2018-12-132018-12-28$0.08—Quarterly
2018-09-132018-09-28$0.08—Quarterly
2018-06-142018-06-29$0.08+33.3%Quarterly
2018-03-142018-03-29$0.06—Quarterly
2017-12-142017-12-29$0.06—Quarterly
2017-09-142017-09-29$0.06—Quarterly
2017-06-132017-06-30$0.06—Quarterly
2017-03-132017-03-31$0.06—Quarterly
2016-12-132016-12-30$0.06—Quarterly
2016-09-132016-09-30$0.06—Quarterly
2016-06-132016-06-30$0.06−75.0%Quarterly
2016-03-112016-03-31$0.24—Quarterly
2015-12-112015-12-31$0.24—Quarterly
2015-09-112015-09-30$0.24—Quarterly
2015-06-112015-06-30$0.24—Quarterly
2015-03-112015-03-31$0.24—Quarterly
2014-12-102014-12-31$0.24—Quarterly
2014-09-102014-09-30$0.24—Quarterly
2014-06-112014-06-30$0.24+9.1%Quarterly
2014-03-122014-03-31$0.22—Quarterly
2013-12-112013-12-31$0.22—Quarterly
2013-09-112013-09-30$0.22—Quarterly
2013-06-122013-06-28$0.22+10.0%Quarterly
2013-03-132013-03-29$0.2—Quarterly
2012-12-122012-12-31$0.2—Quarterly
2012-09-122012-09-28$0.2—Quarterly
2012-06-132012-06-29$0.2—Quarterly
2012-03-132012-03-30$0.2+17.6%Quarterly
2011-12-132011-12-30$0.17—Quarterly
2011-09-132011-09-30$0.17—Quarterly
2011-06-132011-06-30$0.17+6.2%Quarterly
2011-03-112011-03-31$0.16—Quarterly
2010-12-132010-12-31$0.16—Quarterly
2010-09-132010-09-30$0.16—Quarterly
2010-06-112010-06-30$0.16—Quarterly
2010-03-112010-03-31$0.16—Quarterly
2009-12-112009-12-31$0.16—Quarterly
2009-09-112009-09-30$0.16—Quarterly
2009-06-112009-06-30$0.16—Quarterly
2009-03-122009-03-31$0.16—Quarterly
2008-12-112008-12-31$0.16—Quarterly
2008-09-122008-09-30$0.16—Quarterly
2008-06-122008-06-30$0.16—Quarterly
2008-03-132008-03-31$0.16+14.3%Quarterly
2007-12-122007-12-28$0.14—Quarterly
2007-09-122007-09-28$0.14—Quarterly
2007-06-132007-06-29$0.14—Quarterly
2007-03-132007-03-30$0.14+23.9%Quarterly
2006-12-132006-12-29$0.113—Quarterly
2006-09-132006-09-29$0.113—Quarterly
2006-06-132006-06-30$0.113—Quarterly
2006-03-132006-03-31$0.113+50.7%Quarterly
2005-12-132005-12-30$0.075—Quarterly
2005-09-132005-09-30$0.075—Quarterly
2005-06-132005-06-30$0.075—Quarterly
2005-03-112005-03-31$0.075+50.0%Quarterly
2004-12-132004-12-31$0.05—
2004-09-132004-09-30$0.05—Quarterly
2004-06-142004-06-30$0.05—Quarterly
2004-03-112004-03-31$0.05+100.0%Quarterly
2003-12-122003-12-31$0.025—Quarterly
2003-09-122003-09-30$0.025—Quarterly
2003-04-222003-06-23$0.025—Quarterly
2003-03-132003-03-31$0.025—Quarterly
2002-12-122002-12-31$0.025—Quarterly
2002-09-122002-09-30$0.025—Quarterly
2002-06-122002-06-28$0.025—Quarterly
2002-03-132002-03-29$0.025—Quarterly
2001-12-132001-12-28$0.025—Quarterly
2001-09-17—$0.025−50.0%
2001-09-122001-09-28$0.05+100.0%Quarterly
2001-06-132001-06-29$0.025—Quarterly
2001-03-132001-03-30$0.025—Quarterly
2000-12-132000-12-29$0.025—Quarterly
2000-09-132000-09-30$0.025—Quarterly
2000-06-132000-06-30$0.025—Quarterly
2000-03-132000-03-31$0.025—Quarterly
1999-12-131999-12-31$0.025—Quarterly
1999-09-131999-09-30$0.025—
1999-06-111999-06-30$0.025—
1999-03-111999-03-31$0.025—
1998-12-111998-12-31$0.025—
1998-09-111998-09-30$0.025—
1998-06-111998-06-30$0.025—
1998-03-121998-03-31$0.025—
1997-12-111997-12-31$0.025—
1997-09-111997-09-30$0.025—
1997-06-121997-06-30$0.025—
1997-03-121997-03-31$0.025—
1996-12-121996-12-31$0.025+66.7%
1996-09-111996-09-30$0.015—
1996-06-121996-06-28$0.015—
1996-03-131996-03-29$0.015—
1995-12-131995-12-29$0.015—
1995-09-131995-09-29$0.015—
1995-06-131995-06-30$0.015—
1995-03-091995-03-31$0.015—
1994-12-091994-12-30$0.015—
1994-09-091994-09-30$0.015—
1994-06-091994-06-30$0.015—
1994-03-091994-03-30$0.015—
1993-12-091993-12-31$0.015—
1993-09-091993-09-30$0.015—
1993-06-091993-06-30$0.015—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

DVN stock split history

  • 2:1November 16, 2004

DVN dividend overview

Devon Energy pays an annual dividend of $1.28 per share, a yield of 2.52% at the latest close, paid quarterly. It paid $0.96 per share in 2025, down 33.8% from 2024. Over five years the dividend grew 7.1% a year on average and over ten years 0.0% a year. The payout ratio is 25.1% of trailing earnings.

Related: DVN cash flow statement, DVN key metrics, DVN chart. See the DVN stock overview for the latest quote and news.

DVN dividends FAQ

Does Devon Energy pay a dividend?

Yes. Devon Energy has paid a regular dividend since 1993, quarterly, most recently $0.32 per share with an ex-dividend date of September 15, 2026.

What is Devon Energy's dividend yield?

Devon Energy's forward annual dividend is $1.28 per share, a dividend yield of 2.52% at the latest close of $50.73.

How often does Devon Energy pay dividends?

Devon Energy pays dividends quarterly.

How fast is Devon Energy's dividend growing?

Devon Energy's dividend per share grew from $0.68 in 2020 to $0.96 in 2025, 7.1% a year on average over five years.

What is Devon Energy's dividend payout ratio?

Devon Energy pays out 25.1% of its trailing earnings as dividends and 22.1% of its free cash flow (fiscal 2025).

Has Devon Energy split its stock?

Devon Energy has split its stock 1 time: 2:1 on November 16, 2004. Dividends per share on this page are adjusted for splits.

Oil & Gas E&P: dividends