Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. The company is headquartered in Oklahoma City, Oklahoma and currently employs 2,200 full-time employees. The firm is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). The company owns a portfolio of assets located in the Delaware Basin, Rockies, Eagle Ford and Anadarko Basin. The Delaware Basin operates in southeast New Mexico and across the state line into west Texas. The company offers exploration and development opportunities from many geologic reservoirs and play types, including the oil-rich Wolfcamp, Bone Spring, Avalon and Delaware formations. Its Rockies development consists of its Williston Basin and Powder River Basin assets. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin development is located in western Oklahoma. The company has a joint venture with Dow to develop a portion of its Anadarko Basin acreage.
Devon Energy Corp has an annual dividend of 0.96 per share, with a yield of 2.282%. The dividend is paid quarterly and the last ex-dividend date was Mar 13, 2026.
Dividend Yield
Annual Dividend
Ex-Dividend Date
2.282%
$0.96
Mar 13, 2026
Payout Frequency
Payout Ratio
Quarterly
23.43%
Dividend History
Ex-Dividend Date
Cash Amount
Record Date
Pay Date
Mar 13, 2026
$0.24
Mar 13, 2026
Mar 31, 2026
Dec 15, 2025
$0.24
Dec 15, 2025
Dec 30, 2025
Sep 15, 2025
$0.24
Sep 15, 2025
Sep 30, 2025
Jun 13, 2025
$0.24
Jun 13, 2025
Jun 30, 2025
Mar 14, 2025
$0.24
Mar 14, 2025
Mar 31, 2025
Dec 13, 2024
$0.22
Dec 13, 2024
Dec 30, 2024
Dividend Charts
DVN Dividends
DVN Dividend Growth (YoY)
Follow-Up Questions
What is Devon Energy Corp's current dividend paid and annual dividend?
The current dividend paid by Devon Energy Corp is $0.24. The annual dividend for Devon Energy Corp is $0.96
What is Devon Energy Corp's dividend payout ratio?
The dividend payout ratio for Devon Energy Corp is 23.43%
What is the ex-dividend date for DVN?
The ex-dividend date for Devon Energy Corp is Mar 13, 2026.
How often does Devon Energy Corp pay dividends?
Quarterly. The last time Devon Energy Corp paid dividend was on Mar 31, 2026