Devon Energy (DVN) Declares $1.55 Quarterly Dividend

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Devon Energy Announces Second-Quarter Dividend for Common Stockholders

August 1, 2022 3:03 PM EDT

OKLAHOMA CITY, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today its board of directors declared a fixed-plus-variable dividend of $1.55 per share based on the companys second-quarter financial performance. This record payout represents a 22 percent increase from the previous quarter.

As part of the second-quarter dividend announcement, the board approved an increase in the fixed dividend of 13 percent or $0.02 per share. The companys fixed-plus-variable dividend is payable on Sep. 30, 2022 to shareholders of record at... More