Devon Energy (DVN) Dividend History & Yield
Devon Energy (DVN) has increased its dividend for multiple years and currently yields 1.94%. The most recent payment was $0.2400/share on Mar 13, 2026, paid Quarterly.
DVN
Current Yield
1.94%
TTM Dividend/Share
$0.96
Payment Frequency
Quarterly
Payout Ratio
23.4%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
-33.79%
Div Growth (5Y CAGR)
7.14%
Div Growth (10Y CAGR)
0.00%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 23.4%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($4.97) covers dividend/share ($0.96).
No dividend cuts in 10+ years
9 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 13, 2026
- Payment date
- Mar 31, 2026
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 2.08%
Ex-date Dec 15, 2025
- Payment date
- Dec 30, 2025
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 2.65%
Ex-date Sep 15, 2025
- Payment date
- Sep 30, 2025
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 2.78%
Ex-date Jun 13, 2025
- Payment date
- Jun 30, 2025
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 3.25%
Ex-date Mar 14, 2025
- Payment date
- Mar 31, 2025
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 3.62%
Ex-date Dec 13, 2024
- Payment date
- Dec 30, 2024
- Dividend
- $0.2200
- Adj. dividend
- $0.2200
- Yield (ex-date)
- 4.28%
Ex-date Sep 13, 2024
- Payment date
- Sep 30, 2024
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
- Yield (ex-date)
- 5.07%
Ex-date Jun 14, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $0.3500
- Adj. dividend
- $0.3500
- Yield (ex-date)
- 4.50%
Ex-date Mar 14, 2024
- Payment date
- Mar 28, 2024
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
- Yield (ex-date)
- 5.06%
Ex-date Dec 14, 2023
- Payment date
- Dec 29, 2023
- Dividend
- $0.7700
- Adj. dividend
- $0.7700
- Yield (ex-date)
- 6.38%
Ex-date Sep 14, 2023
- Payment date
- Sep 29, 2023
- Dividend
- $0.4900
- Adj. dividend
- $0.4900
- Yield (ex-date)
- 6.77%
Ex-date Jun 14, 2023
- Payment date
- Jun 30, 2023
- Dividend
- $0.7200
- Adj. dividend
- $0.7200
- Yield (ex-date)
- 9.21%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 13, 2026 | Mar 31, 2026 | $0.2400 | $0.2400 | 2.08% |
| Dec 15, 2025 | Dec 30, 2025 | $0.2400 | $0.2400 | 2.65% |
| Sep 15, 2025 | Sep 30, 2025 | $0.2400 | $0.2400 | 2.78% |
| Jun 13, 2025 | Jun 30, 2025 | $0.2400 | $0.2400 | 3.25% |
| Mar 14, 2025 | Mar 31, 2025 | $0.2400 | $0.2400 | 3.62% |
| Dec 13, 2024 | Dec 30, 2024 | $0.2200 | $0.2200 | 4.28% |
| Sep 13, 2024 | Sep 30, 2024 | $0.4400 | $0.4400 | 5.07% |
| Jun 14, 2024 | Jun 28, 2024 | $0.3500 | $0.3500 | 4.50% |
| Mar 14, 2024 | Mar 28, 2024 | $0.4400 | $0.4400 | 5.06% |
| Dec 14, 2023 | Dec 29, 2023 | $0.7700 | $0.7700 | 6.38% |
| Sep 14, 2023 | Sep 29, 2023 | $0.4900 | $0.4900 | 6.77% |
| Jun 14, 2023 | Jun 30, 2023 | $0.7200 | $0.7200 | 9.21% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 18 year-over-year increases across 32 calendar years of data (1994–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $0.9600 | — | — |
| 2025 | $1.4500 | $0.9600 | -33.8% |
| 2024 | $2.8700 | $1.4500 | -49.5% |
| 2023 | $5.1700 | $2.8700 | -44.5% |
| 2022 | $1.9700 | $5.1700 | +162.4% |
| 2021 | $0.6800 | $1.9700 | +189.7% |
| 2020 | $0.3500 | $0.6800 | +94.3% |
| 2019 | $0.3000 | $0.3500 | +16.7% |
| 2018 | $0.2400 | $0.3000 | +25.0% |
| 2017 | $0.4200 | $0.2400 | -42.9% |
| 2016 | $0.9600 | $0.4200 | -56.3% |
| 2015 | $0.9400 | $0.9600 | +2.1% |
| 2014 | $0.8600 | $0.9400 | +9.3% |
| 2013 | $0.7700 | $0.8600 | +11.7% |
| 2012 | $0.6700 | $0.7700 | +14.9% |
| 2011 | $0.6400 | $0.6700 | +4.7% |
| 2010 | $0.6400 | $0.6400 | 0.0% |
| 2009 | $0.6400 | $0.6400 | 0.0% |
| 2008 | $0.5600 | $0.6400 | +14.3% |
| 2007 | $0.4500 | $0.5600 | +24.4% |
| 2006 | $0.3000 | $0.4500 | +50.0% |
| 2005 | $0.2000 | $0.3000 | +50.0% |
| 2004 | $0.1000 | $0.2000 | +100.0% |
| 2003 | $0.1000 | $0.1000 | 0.0% |
| 2002 | $0.1250 | $0.1000 | -20.0% |
| 2001 | $0.1000 | $0.1250 | +25.0% |
| 2000 | $0.1000 | $0.1000 | 0.0% |
| 1999 | $0.1000 | $0.1000 | 0.0% |
| 1998 | $0.1000 | $0.1000 | 0.0% |
| 1997 | $0.0700 | $0.1000 | +42.9% |
| 1996 | $0.0600 | $0.0700 | +16.7% |
| 1995 | $0.0600 | $0.0600 | 0.0% |
| 1994 | — | $0.0600 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Devon Energy pay dividends?
- Yes, Devon Energy (DVN) pays quarterly dividends of approximately $0.96 per share annually, yielding 1.94%.
What is Devon Energy's dividend yield?
- Devon Energy (DVN) has a current dividend yield of 1.94%.
Is Devon Energy's dividend safe?
- Devon Energy (DVN) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Devon Energy increased its dividend?
- Devon Energy (DVN) has 0 consecutive years of dividend increases.
What is Devon Energy's dividend payout ratio?
- Devon Energy (DVN) has a dividend payout ratio of 23.4%.