Devon Energy (DVN) Declares $0.49 Quarterly Dividend; 7.5% Yield

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Devon Energy Announces Fixed-Plus-Variable Dividend for Common Stockholders

August 3, 2021 4:05 PM EDT

KEY MESSAGES

Board declares fixed-plus-variable dividend of $0.49 per share based on second-quarter 2021 resultsDividend payout represents a 44 percent increase compared to the previous quarterBoth fixed and variable dividends are payable on Sep. 30, 2021

OKLAHOMA CITY, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a fixed-plus-variable dividend of $0.49 per share based on the companys second quarter financial performance. This represents a 44 percent increase in payout compared to the dividend declared for the first quarter of 2021.... More