DVN Dividend History & Yield

Devon Energy Corporation · NYSE

Stock Energy Quarterly payer Energy
$48.40
+0.71% today
as of Sep 8, 2026
TTM yield
2.15%
$1.04/share over the last 12 months
Forward yield
2.64%
$1.28/share indicated annual rate
Annual dividend
$1.28
per share, forward
Per payment
$0.32
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 15, 2026 Declared
in 6 days
Next pay date
Sep 30, 2026
in 21 days
Last ex-dividend date
Jun 15, 2026
$0.32 per share
Payout ratio
23%
of earnings
Market cap
53.2B
P/E 10.5
5y dividend CAGR
+3.9%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
33.2
since Jun 9, 1993
1y total return
+37.0%
price +34.1% + dividends 2.9%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 15, 2026 (in 6 days) Sep 30, 2026 $0.32 $32.00 Declared
Tue, Dec 15, 2026 (in 97 days) Dec 29, 2026 $0.32 $32.00 Estimated
Tue, Mar 16, 2027 (in 188 days) Mar 30, 2027 $0.32 $32.00 Estimated
Tue, Jun 15, 2027 (in 279 days) Jun 29, 2027 $0.32 $32.00 Estimated

Estimated dates and amounts are projected from DVN's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.28 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Dec 13, 2016 to Jun 15, 2026; most recent $0.32$0.00$1.00$2.00Dec 13, 2016: $0.06Dec '16Mar 13, 2017: $0.06Jun 13, 2017: $0.06Sep 14, 2017: $0.06Dec 14, 2017: $0.06Mar 14, 2018: $0.06Mar '18Jun 14, 2018: $0.08Sep 13, 2018: $0.08Dec 13, 2018: $0.08Mar 14, 2019: $0.08Jun 13, 2019: $0.09Jun '19Sep 12, 2019: $0.09Dec 12, 2019: $0.09Mar 12, 2020: $0.09Jun 12, 2020: $0.11Aug 13, 2020: $0.26Aug '20Sep 11, 2020: $0.11Dec 10, 2020: $0.11Mar 12, 2021: $0.30Jun 11, 2021: $0.34Sep 10, 2021: $0.49Sep '21Dec 9, 2021: $0.84Mar 11, 2022: $1.00Jun 10, 2022: $1.27Sep 9, 2022: $1.55 (special)Dec 9, 2022: $1.35Dec '22Mar 14, 2023: $0.89Jun 14, 2023: $0.72Sep 14, 2023: $0.49Dec 14, 2023: $0.77Mar 14, 2024: $0.44Mar '24Jun 14, 2024: $0.35Sep 13, 2024: $0.44Dec 13, 2024: $0.22Mar 14, 2025: $0.24Jun 13, 2025: $0.24Jun '25Sep 15, 2025: $0.24Dec 15, 2025: $0.24Mar 13, 2026: $0.24Jun 15, 2026: $0.32

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.00$4.002017: $0.24$0.2420172018: $0.30$0.3020182019: $0.35$0.3520192020: $0.68$0.6820202021: $1.97$1.9720212022: $3.62$3.6220222023: $2.87$2.8720232024: $1.45$1.4520242025: $0.96$0.9620252026 (YTD): $0.56$0.562026 YTD

How much DVN do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month938$45,375$1,200
$500 / month4,688$226,875$6,000
$1,000 / month9,375$453,750$12,000

Based on the forward yield of 2.64%. $10,000 in DVN would currently pay about $264 a year ($22 a month on average). Model reinvestment and growth →

DVN dividend history

Ex-datePay dateAmountChange
Jun 15, 2026 $0.32 +33.3%
Mar 13, 2026 $0.24 +0.0%
Dec 15, 2025 $0.24 +0.0%
Sep 15, 2025 $0.24 +0.0%
Jun 13, 2025 $0.24 +0.0%
Mar 14, 2025 $0.24 +9.1%
Dec 13, 2024 $0.22 -50.0%
Sep 13, 2024 $0.44 +25.7%
Jun 14, 2024 $0.35 -20.5%
Mar 14, 2024 $0.44 -42.9%
Dec 14, 2023 $0.77 +57.1%
Sep 14, 2023 $0.49 -31.9%
Jun 14, 2023 $0.72 -19.1%
Mar 14, 2023 $0.89 -34.1%
Dec 9, 2022 $1.35 +6.3%
Sep 9, 2022 $1.55 Special
Jun 10, 2022 $1.27 +27.0%
Mar 11, 2022 $1.00 +19.0%
Dec 9, 2021 $0.84 +71.4%
Sep 10, 2021 $0.49 +44.1%
Jun 11, 2021 $0.34 +13.3%
Mar 12, 2021 $0.30 +172.7%
Dec 10, 2020 $0.11 +0.0%
Sep 11, 2020 $0.11 -57.7%

Payout risk check

Yield-trap heuristicLow risk

DVN scores 20/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Devon Energy Corporation

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming. Devon Energy Corporation was founded in 1971 and is headquartered in Houston, Texas.

Sector: Energy. Industry: Oil & Gas E&P. First dividend on our records: Jun 9, 1993. 136 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

DVN dividend FAQ

When is DVN's next ex-dividend date?

DVN's next ex-dividend date is Sep 15, 2026 (in 6 days, declared by the company). You must own the shares before that date to receive the payment of about $0.32 per share, expected on Sep 30, 2026.

How often does DVN pay dividends?

DVN pays dividends every quarter, 4 times a year. The most recent payment was $0.32 per share with an ex-date of Jun 15, 2026.

What is DVN's dividend yield?

DVN's trailing 12-month dividend yield is 2.15%, based on $1.04 per share paid over the last year and a share price of $48.40. The forward yield, using the indicated annual rate of $1.28 per share, is 2.64%.

How much does DVN pay per share?

DVN pays about $0.32 per share each quarter, which works out to roughly $1.28 per share a year. 100 shares would collect about $128.00 a year.

Has DVN grown or cut its dividend?

DVN has raised its annual dividend for 1 consecutive year. Over the last 5 years the regular payout has grown at 3.9% a year (-8.8% over the last year). DVN did cut a regular payment within the last 5 years.

How many shares of DVN do I need to earn $100 a month?

At the current forward yield of 2.64%, you would need about 938 shares of DVN (roughly $45,375 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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