Devon Energy (DVN) Raises Quarterly Dividend 22.2% to $0.11; 2% Yield

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Go back to Devon Energy (DVN) Raises Quarterly Dividend 22.2% to $0.11; 2% Yield

Devon Energy Announces 22 Percent Increase in Quarterly Dividend

February 18, 2020 4:05 PM EST

OKLAHOMA CITY, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has approved a 22 percent increase in its quarterly common stock dividend. The new quarterly dividend rate will be $0.11 per share, compared to the prior quarterly dividend of $0.09 per share. The increased dividend is payable on June 30, 2020, to shareholders of record as of the close of business on June 15, 2020.

The 22 percent increase in our quarterly dividend is the latest example of Devons commitment to... More