DVN Dividend History & Analysis | 2.6% Yield

DVN has a dividend yield of 2.6% and paid 1.28 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.57%
Payout Ratio 27.8%
Growth Rate CAGR 5y -16.45%
Consistency Lifetime 90.9%
Yield on Cost 5y 6.35%
Payout FCF 22.8%
Streak Years -
Dividend Rating 6.19%
Ex-Dividend in 21 days: Buy before Jun 15, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Oil & Gas Exploration & Production

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MAU 2,350 M 6.61% 47.65%
DMLP 1,363 M 12.68% 28.81%
KRP 1,735 M 14.23% 20.35%
BSM 2,949 M 11.78% 19.90%
VTS 767 M 9.71% 19.69%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
SM 8,346 M 165.91% 92.5%
PR 17,954 M 128.94% 86.1%
MTDR 7,079 M 80.06% 100.0%
WTI 653 M 100.00% 46.6%
CRC 5,494 M 74.30% 100.0%
Quality Dividend Peers in Oil & Gas Exploration & Production CNQ Canadian Natural Resources
4.82% Yield APA APA
4.06% Yield MGY Magnolia Oil & Gas
3.17% Yield MAU Etablissements Maurel et
6.61% Yield GPRK GeoPark
5.53% Yield WDS Woodside Energy
5.72% Yield
DVN Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-15 2026-06-15 2026-06-30 Quarterly 0.32 +33.3% N/A
2026-03-13 2026-03-13 2026-03-31 Quarterly 0.24 0% 0.53%
2025-12-15 2025-12-15 2025-12-30 Quarterly 0.24 0% 0.64%
2025-09-15 2025-09-15 2025-09-30 Quarterly 0.24 0% 0.69%
2025-06-13 2025-06-13 2025-06-30 Quarterly 0.24 0% 0.68%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.24 +9.1% 0.71%
2024-12-13 2024-12-13 2024-12-30 Quarterly 0.22 -50% 0.65%
2024-09-13 2024-09-13 2024-09-30 Quarterly 0.44 +25.7% 1.11%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.35 -20.5% 0.77%
2024-03-14 2024-03-15 2024-03-28 Quarterly 0.44 -42.9% 0.93%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.77 +57.1% 1.74%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.49 -31.9% 0.96%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.72 -19.1% 1.44%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.89 -34.1% 1.82%
2022-12-09 2022-12-12 2022-12-30 Quarterly 1.35 -12.9% 2.18%
2022-09-09 2022-09-12 2022-09-30 Quarterly 1.55 +22% 2.26%
2022-06-10 2022-06-13 2022-06-30 Quarterly 1.27 +27% 1.68%
2022-03-11 2022-03-14 2022-03-31 Quarterly 1 +19% 1.72%
2021-12-09 2021-12-10 2021-12-30 Quarterly 0.84 +71.4% 1.93%
2021-09-10 2021-09-13 2021-09-30 Quarterly 0.49 +44.1% 1.71%
2021-06-11 2021-06-14 2021-06-30 Quarterly 0.34 +13.3% 1.16%
2021-03-12 2021-03-15 2021-03-31 Quarterly 0.3 +172.7% N/A
2020-12-10 2020-12-11 2020-12-30 Quarterly 0.11 0% N/A
2020-09-11 2020-09-14 2020-09-30 Quarterly 0.11 -57.7% N/A
2020-08-13 2020-08-14 2020-10-01 Other 0.26 +136.4% N/A
2020-06-12 2020-06-15 2020-06-30 Quarterly 0.11 +22.2% N/A
2020-03-12 2020-03-13 2020-03-31 Quarterly 0.09 0% N/A
2019-12-12 2019-12-13 2019-12-27 Quarterly 0.09 0% N/A
2019-09-12 2019-09-13 2019-09-27 Quarterly 0.09 0% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.09 +12.5% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.08 0% N/A
2018-12-13 2018-12-14 2018-12-28 Quarterly 0.08 0% N/A
2018-09-13 2018-09-14 2018-09-28 Quarterly 0.08 0% N/A
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.08 +33.3% N/A
2018-03-14 2018-03-15 2018-03-29 Quarterly 0.06 0% N/A
2017-12-14 2017-12-15 2017-12-29 Quarterly 0.06 0% N/A
2017-09-14 2017-09-15 2017-09-29 Quarterly 0.06 0% N/A
2017-06-13 2017-06-15 2017-06-30 Quarterly 0.06 0% N/A
2017-03-13 2017-03-15 2017-03-31 Quarterly 0.06 0% N/A
2016-12-13 2016-12-15 2016-12-30 Quarterly 0.06 0% N/A
2016-09-13 2016-09-15 2016-09-30 Quarterly 0.06 0% N/A
2016-06-13 2016-06-15 2016-06-30 Quarterly 0.06 -75% N/A
2016-03-11 2016-03-15 2016-03-31 Quarterly 0.24 0% N/A
2015-12-11 2015-12-15 2015-12-31 Quarterly 0.24 0% N/A
2015-09-11 2015-09-15 2015-09-30 Quarterly 0.24 0% N/A
2015-06-11 2015-06-15 2015-06-30 Quarterly 0.24 0% N/A
2015-03-11 2015-03-13 2015-03-31 Quarterly 0.24 0% N/A
2014-12-10 2014-12-12 2014-12-31 Quarterly 0.24 0% N/A
2014-09-10 2014-09-12 2014-09-30 Quarterly 0.24 0% N/A
2014-06-11 2014-06-13 2014-06-30 Quarterly 0.24 0% N/A

DVN Dividend FAQ

What is the Dividend Yield of DVN?

As of May 2026, DVN's dividend yield is 2.57%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.28 USD by the current share price of 47.11.

Does DVN pay a dividend?

As of May 2026, DVN paid a dividend of 1.28 USD in the last 12 months. The last dividend was paid on 2026-06-15 and the payout was 0.32 USD.

How often does DVN pay dividends?

DVN pays dividends quarterly. Over the last 12 months, DVN has issued 5 dividend payments. The last dividend payment was made on 2026-06-15.

DVN dividend forecast

Based on historical data, the forecasted dividends per share for DVN for the next payments are between 0.618 (+93.1%) and 0.679 (+112.2%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 5.55%.

Will DVN pay dividends in 2026?

The latest dividend paid per share was 0.32 USD with an Ex-Dividend Date of 2026-06-15. The next Ex-Dividend date for Devon Energy (DVN) is 2026-06-15.

What is the next Ex-Dividend Date for DVN?

The next Ex-Dividend date for Devon Energy (DVN) is 2026-06-15.

What is the Dividend Growth of DVN?

DVN's average dividend growth rate over the past 5 years is -16.5% per year. Negative growth: DVN's dividend growth is negative and declining.

What is the Yield on Cost of DVN?

DVN's 5-Year Yield on Cost is 6.35%. If you bought DVN's shares at 20.17 USD five years ago, your current annual dividend income (1.28 USD per share, trailing 12 months) equals 6.35% of your original purchase price.

What is the Payout Consistency of DVN?

DVN Payout Consistency is 90.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Devon Energy has a strong track record of consistent dividend payments over its lifetime.

Does DVN have a good Dividend Yield?

DVN's 2.57% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of DVN?

The Dividend Payout Ratio of DVN is 27.8%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of DVN?

DVN's Overall Dividend Rating is 6.19%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

DVN Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in DVN's Outstanding Shares?

Devon Energy's outstanding shares have decreased by approximately 1.12% annually over the past 3 years (Trend Reliability: -36.8%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has DVN ever had a Stock Split?

Yes, the last stock split was on Nov 16, 2004 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1987 12,330,000 0%
1988 17,168,000 +39.24%
1989 20,000,000 +16.5%
1990 17,306,000 -13.47%
1991 16,200,000 -6.39%
1992 40,000,000 +146.91%
1993 42,222,200 +5.56%
1994 44,285,700 +4.89%
1995 44,000,000 -0.65%
1996 44,000,000 0%
1997 63,921,600 +45.28%
1998 64,669,300 +1.17%
1999 172,416,000 +166.61%
2000 258,060,000 +49.67%
2001 296,000,000 +14.7%
2002 314,000,000 +6.08%
2003 478,000,000 +52.23%
2004 480,000,000 +0.42%
2005 442,000,000 -7.92%
2006 444,000,000 +0.45%
2007 445,000,000 +0.23%
2008 444,000,000 -0.22%
2009 447,000,000 +0.68%
2010 423,000,000 -5.37%
2011 400,000,000 -5.44%
2012 405,000,000 +1.25%
2013 407,000,000 +0.49%
2014 409,000,000 +0.49%
2015 413,000,000 +0.98%
2016 527,000,000 +27.6%
2017 528,000,000 +0.19%
2018 462,000,000 -12.5%
2019 385,000,000 -16.67%
2020 383,000,000 -0.52%
2021 673,000,000 +75.72%
2022 655,000,000 -2.67%
2023 638,000,000 -2.6%
2024 623,000,000 -2.35%
2025 622,000,000 -0.16%
2026 622,000,000 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-19 02:38 UTC