Devon Energy Corp. (DVN) Raises Quarterly Dividend 17.6% to $0.20; 1.1% Yield

Devon Energy Corp. (NYSE: DVN) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 17.6% increase from the prior dividend of $0.17.

The dividend will be payable on March 30, 2012, to stockholders of record on March 15, 2012, with an ex-dividend date of March 13, 2012.

The annual yield on the dividend is 1.1 percent.

For a dividend history and other dividend-related data on Devon Energy Corp. (DVN) click here.

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