Devon Energy (DVN) has touched its pre-ex close within 30 trading days in 95% of the last 19 ex-dividend events, with a median time-to-touch of 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.38), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, DVN sits roughly in line with the Energy sector benchmark of 95%. The sector median time-to-touch is 1 trading day, matching the peer pace.
Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next ex-dividend date is estimated at Sep 14, 2026 (±2 days), based on the historical pattern; the company has not yet declared a dividend.
- Touch rate (30d)
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.38+0.06 vs sector
Recovery engine
TL;DR over the most recent 19 events.
| Metric | Value | vs sector |
|---|---|---|
| 30-day touch rate | 95% | in line with sector |
| Median days-to-touch | 1d | in line with sector |
| Signal-to-noise (div / ATR) | 0.38 | +0.06 vs sector |
| Avg gap on ex-date | -0.81% | in line with sector |
| Win rate at MOC exit | 35% | — |
| Median drawdown during hold | -6.95% | -1.77pp vs sector |
| Best / worst touch (days) | 1 / 13 | — |
Next ex-dividend
Estimated from historical pattern ±2 days.
| Dividend | $0.32 |
| Per-event yield | 0.69% |
| Annualized yield | 2.39% |
| Previously paid | Mar 13, 2026 ($0.24) |
| Last record date | Mar 13, 2026 |
| Last payment date | Mar 31, 2026 |
DVN Dividend Capture History — Last 20 Ex-Dividend Events
Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for Devon Energy (DVN). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.
| Recovered 5d | Recovered 30d | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q1 | $0.24 | -1.45% | $46.19 | 1 | yes | yes | -1.69% | +5.87% | |
| Q4 | $0.24 | -0.83% | $37.52 | 13 | no | yes | -6.96% | -2.29% | |
| Q3 | $0.24 | -0.52% | $34.77 | 2 | yes | yes | -3.42% | -2.33% | |
| Q2 | $0.24 | 2.71% | $34.33 | 1 | yes | yes | -6.79% | -3.67% | |
| Q1 | $0.24 | -0.53% | $33.79 | 1 | yes | yes | -1.04% | +7.69% | |
| Q4 | $0.22 | -0.38% | $34.13 | 1 | yes | yes | -10.96% | -9.20% | |
| Q3 | $0.44 | -0.57% | $40.01 | 1 | yes | yes | -5.60% | +3.05% | |
| Q2 | $0.35 | -0.02% | $45.76 | 2 | yes | yes | -1.66% | +4.87% | |
| Q1 | $0.44 | -0.21% | $47.41 | 1 | yes | yes | -0.36% | +3.29% | |
| Q4 | $0.77 | 0.07% | $44.22 | 1 | yes | yes | -0.18% | +5.43% | |
| Q3 | $0.49 | 0.61% | $50.65 | 1 | yes | yes | -8.96% | -7.40% | |
| Q2 | $0.72 | -0.62% | $50.39 | 1 | yes | yes | -6.95% | -3.93% | |
| Q1 | $0.89 | -1.94% | $49.98 | 1 | yes | yes | -11.90% | -0.06% | |
| Q4 | $1.35 | -2.44% | $63.50 | 12 | no | yes | -7.78% | -3.26% | |
| Q3 | $1.55 | -0.55% | $68.91 | 1 | yes | yes | -8.50% | -0.78% | |
| Q2 | $1.27 | -2.65% | $77.85 | >30 | no | no | -31.30% | -23.84% | |
| Q1 | $1.00 | -3.78% | $60.57 | 7 | no | yes | -17.12% | -2.15% | |
| Q4 | $0.84 | -3.18% | $44.91 | 13 | no | yes | -20.84% | -8.26% | |
| Q3 | $0.49 | 0.88% | $28.45 | 1 | yes | yes | -3.69% | +6.43% | |
| Q2 | $0.34 | -0.41% | $29.39 | 1 | yes | yes | -9.25% | -7.83% |
- +5.87%
- -2.29%
- -2.33%
- -3.67%
- +7.69%
- -9.20%
- +3.05%
- +4.87%
- +3.29%
- +5.43%
- -7.40%
- -3.93%
- -0.06%
- -3.26%
- -0.78%
- -23.84%
- -2.15%
- -8.26%
- +6.43%
- -7.83%
DVN Pre-Ex Touch Time Distribution
First trading session whose intraday high reached the pre-ex close within the 30-day measurement window. td = trading days from ex-date.
| Touch window | Distribution | Count | Share |
|---|---|---|---|
| ≤ 1 day | 13 | 65% | |
| 2–3 days | 2 | 10% | |
| 4–5 days | 0 | 0% | |
| 6–10 days | 1 | 5% | |
| 11–30 days | 3 | 15% | |
| 30+ | 1 | 5% |
DVN Dividend Capture Calculator — After-Tax Yield
Pre-filled with DVN's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.
U.S. ordinary-income rate (22-37%) applies on holds shorter than 61 days. Hold longer to qualify for the 0/15/20% qualified-dividend rate.
- Gross dividend
- $64.00
- After-tax dividend
- $41.60
- Slippage round-trip
- -$9.24
- Net if price returns to pre-ex
- +$32.36
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.35%
- Annual if all succeed
- ~17.7%
DVN Dividend Capture Backtest Simulator
Replay every historical DVN ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close, or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan.
Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).
Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).
Cumulative P&L (equity curve)
Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.
Per-event P&L distribution
20 trades in this sample · bar height ∝ count in each bucket (gross % per event).
Scenario P&L by event · DVN (20)
Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.
| Ex-date | P&L |
|---|---|
| +1.16% | |
| +1.72% | |
| -8.26% | |
| -2.15% | |
| -23.84% | |
| +2.25% | |
| -3.26% | |
| +1.78% | |
| +1.43% | |
| +0.97% | |
| +1.74% | |
| +0.93% | |
| +0.76% | |
| +1.10% | |
| +0.64% | |
| +0.71% | |
| +0.70% | |
| +0.69% | |
| -2.29% | |
| +0.52% |
Results are illustrative only and are not financial advice. Capture simulations use historical prices and simplified costs and tax assumptions. Actual fills, borrow fees, and market rules vary. Consult a qualified advisor before trading.