What is DVN's current dividend yield?

Devon Energy Corp/De (DVN) has a dividend yield of 2.21%, paying $1.04 per share annually.

How often does DVN pay dividends?

Devon Energy Corp/De typically pays dividends on a quarterly basis. The annual dividend totals $1.04 per share.

When is DVN's next ex-dividend date?

The most recent ex-dividend date for Devon Energy Corp/De was June 15, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.

What is DVN's dividend growth rate?

Devon Energy Corp/De has a 5-year dividend compound annual growth rate (CAGR) of 1.5%. The 10-year CAGR is 0.0%.

What is DVN's payout ratio?

Devon Energy Corp/De has a payout ratio of 27%, meaning it distributes 27% of its earnings as dividends. This leaves significant room for dividend growth.

Devon Energy Corp/De (DVN) Dividend Analysis

Comprehensive dividend yield, safety, growth, and income analysis for DVN.

Devon Energy Corp/De (DVN) pays a solid 2.21% dividend yield, or $1.04 per share annually at a stock price of $47.35. The payout ratio of 27% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 3.5x. Dividend growth is slowing — the 3-year CAGR of -42.5% trails the 5-year rate of 1.5% and the 10-year rate of 0.0%. The most recent ex-dividend date was June 15, 2026.

Dividend Overview

Devon Energy Corp/De (DVN) pays a solid 2.21% dividend yield, or $1.04 per share annually at a stock price of $47.35.

Dividend Yield

2.21%

Annual Dividend

$1.04

Share Price

$47.35

Ex-Dividend Date

Jun 15, 2026

Consecutive Years

0 yrs

Sector

Energy

Dividend Safety

Safe

The payout ratio of 27% is well within sustainable levels, leaving room for future increases.

Payout Ratio27%

0%60%80%100%

DRIP Projection

$10,000 invested in DVN with dividends reinvested would grow to approximately $12,638 after 10 years, generating roughly $325/year in dividend income. This projection assumes the current 2.21% yield and a 1.5% annual dividend growth rate with all dividends reinvested.

Year	Portfolio Value	Annual Income	Total Return
Year 1	$10,221	$229	+2%
Year 5	$11,193	$267	+12%
Year 10	$12,638	$325	+26%
Year 15	$14,406	$400	+44%
Year 20	$16,589	$497	+66%

Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.