Devon Energy Corporation (DVN)
Devon Energy Corporation is an independent oil and natural gas exploration and production company based in the United States. Established in 1971 and headquartered in Oklahoma City, the company primarily focuses on the exploration, development, and production of hydrocarbons in various onshore regions. Devon Energy is known for its advanced hydraulic fracturing and horizontal drilling techniques, which have helped it become a significant player in the North American energy sector.
Dividend History
Investors can expect a dividend payout of $0.24 per share, scheduled to be distributed in 10 days on September 30, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 30, 2025 | $0.24 | 2025-09-15 | 2025-09-15 |
| June 30, 2025 | $0.24 | 2025-06-13 | 2025-06-13 |
| March 31, 2025 | $0.24 | 2025-03-14 | 2025-03-14 |
| December 30, 2024 | $0.22 | 2024-12-13 | 2024-12-13 |
| September 30, 2024 | $0.22 | 2024-09-13 | 2024-09-13 |
Dividends Summary
- Devon Energy Corporation has issued 103 dividend payments over the past 21 years
- The most recent dividend was paid 82 days ago, on June 30, 2025
- The highest dividend payed out to investors during this period was $1.37 per share
- The average dividend paid during this period was $0.21 per share.
Company News
Diversified Energy will acquire Canvas Energy for $550 million, expanding its Oklahoma operations with 147 million cubic feet equivalent daily production and promising increased production, EBITDA, and free cash flow.
The article explores various energy sector investment options, highlighting 10 stocks and ETFs across integrated energy, drilling, and midstream segments, with a focus on dividend yields, diversification, and potential growth strategies.
Several S&P 500 stocks posted sharp declines in 2024, despite a generally bullish year for the index. These battered stocks could be ripe for a turnaround in 2025, as investors look for undervalued gems in the market.
Devon Energy's President and CEO, Rick Muncrief, will retire in 2025, and the company's Chief Operating Officer, Clay Gaspar, will succeed him as the new President and CEO.
The SPDR Russell 1000 Yield Focus ETF (ONEY) is a smart beta exchange-traded fund that aims to provide broad exposure to the large-cap value segment of the market. The fund tracks the Russell 1000 Yield Focused Factor Index, which selects stocks based on a combination of value, quality, and yield characteristics.
