Devon Energy (DVN) Lowers Quarterly Dividend 12.9% to $1.35; 7% Yield
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Devon Energy Announces Third-Quarter Dividend for Common Stockholders
November 1, 2022 4:05 PM EDTOKLAHOMA CITY, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today its board of directors declared a fixed-plus-variable dividend of $1.35 per share based on the companys third-quarter financial performance. This payout represents a 61 percent increase year over year. The companys fixed-plus-variable dividend is payable on Dec. 30, 2022 to shareholders of record at the close of business on Dec. 12, 2022.
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