DVN Dividend History & Analysis | 2.6% Yield

DVN has a dividend yield of 2.6% and paid 1.04 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.61%
Payout Ratio 27.8%
Growth Rate CAGR 5y -38.4%
Consistency Lifetime 77.3%
Yield on Cost 5y 5%
Payout FCF 23.2%
Streak Years -
Dividend Rating 1%
Chowder Number yield + growth -35.8% below 15% target for healthy growth
Yield vs Average 5y -45.9% avg 4.82% vs now 2.61%
Debt / EBITDA leverage 1.0x healthy
Income per 10k invested 261 USD per year
Dividends Cash Amount per Share Yearly DVN annual dividends paid per share, showing the total cash Devon Energy distributed to shareholders each year.
Dividend Growth Year over Year DVN year-over-year dividend growth rate, showing how Devon Energy's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History DVN dividend yield history versus share price over the past 5 years, showing how Devon Energy's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

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SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
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Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
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6,591 M 60.79% 100.0%
BNOR OL
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1,250 M 67.68% 100.0%
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TPL NYSE
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28,673 M 17.53% 60.8%
MUR NYSE
Murphy Oil
5,280 M 17.78% 100.0%
DNO OL
Dno ASA
1,780 M 15.13% 100.0%
WKC NYSE
World Kinect
1,898 M 14.20% 100.0%
PR NYSE
Permian Resources
17,412 M 21.30% 86.1%

DVN Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 1.14% 100
Apr - -
May - -
Jun 1.06% 100
Jul - -
Aug - -
Sep 1.35% 100
Oct - -
Nov - -
Dec 1.43% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 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% 0.75%
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% 0.65%
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 0% 1.71%

DVN Dividend FAQ

What is the Dividend Yield of DVN?

As of July 2026, DVN's dividend yield is 2.61%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.04 USD by the current share price of 44.88.

Does DVN pay a dividend?

As of July 2026, DVN paid a dividend of 1.04 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 4 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 0.005 (-98.4%) and 0.108 (-66.3%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 0.35%.

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 currently unknown.

What is the next Ex-Dividend Date for DVN?

The next Ex-Dividend date for Devon Energy (DVN) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of DVN?

DVN's average dividend growth rate over the past 5 years is -38.4% 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 5.00%. If you bought DVN's shares at 20.81 USD five years ago, your current annual dividend income (1.04 USD per share, trailing 12 months) equals 5.00% of your original purchase price.

What is the Payout Consistency of DVN?

DVN Payout Consistency is 77.3%. 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. Moderately consistent: Devon Energy has a good track record of consistent dividend payments over its lifetime.

Does DVN have a good Dividend Yield?

DVN's 2.61% 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 1.00%. 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: -25.6%). 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: 2026-07-13 02:05 UTC