Devon Energy Corporation
DVNEnergy · Stock · quarterly payer
$45.99
Add to PortfolioForward Yield
2.26%
Annual Dividend
$1.04
Payout Ratio
27%
5-Yr Growth
16.9%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
DVN Dividend Safety Score
61/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage27% of earnings paid out
Free-cash-flow coverage75% of free cash flow
Balance-sheet strengthDebt/equity of 0.56
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is DVN a good dividend stock?
Yes, with caveatsDevon Energy Corporation (DVN) pays a quarterly dividend yielding 2.26% ($1.04/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (27%)
- Strong 16.9% 5-yr dividend growth
- 54% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 2.26%
- Payout Ratio
- 27%
- Annual Dividend
- $1.04
- 5-Yr Avg Growth
- 16.9%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.42
- Market Cap
- $53.0B
- P/E Ratio
- 12.8
- 5-Yr Total Return
- 54%
- 52-Week Range
- $31.32 – $52.71
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.2400 | regular |
| Dec 15, 2025 | — | $0.2400 | regular |
| Sep 15, 2025 | — | $0.2400 | regular |
| Jun 13, 2025 | — | $0.2400 | regular |
| Mar 14, 2025 | — | $0.2400 | regular |
| Dec 13, 2024 | — | $0.2200 | regular |
| Sep 13, 2024 | — | $0.4400 | regular |
| Jun 14, 2024 | — | $0.3500 | regular |
| Mar 14, 2024 | — | $0.4400 | regular |
| Dec 14, 2023 | — | $0.7700 | regular |
| Sep 14, 2023 | — | $0.4900 | regular |
| Jun 14, 2023 | — | $0.7200 | regular |
| Mar 14, 2023 | — | $0.8900 | regular |
| Dec 9, 2022 | — | $1.3500 | regular |
Income Calculator
At $1.04 / yr per share
Per payment (quarterly)$26.00
Annual$104.00
Monthly avg$8.67
