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DVN Dividend Analysis

Yield · Payout · Dividend Growth · AIQ Dividend

EnergyOil & Gas Exploration & ProductionScore data as of Sep 4, 2026

DVN

Dividends
Devon Energy Corporation
Energy· Oil & Gas Exploration & Production
AIQ Score
NeutralAIQ Edge 7/10
Low Priority
Above Peers
Score data as of Sep 4, 2026
Last price
$48.06
-$0.73 (-1.50%)
Latest market quote
Momentum64
Value52
Quality56
Risk Resilience48
Sentiment
View financial data

Dividend Analysis Overview

Yield, growth, payout, free cash flow coverage, recent payment history, and AIQ Dividend context stay together.

History
48
dividends captured
Growth years
0
raw events; specials not isolated
Durability score
65/100
coverage and consistency proxy
Shareholder yield
1.45%
0.51% buyback yield

Next announced event

$0.32

DVN dividend calendar data is shown separately from historical payments so announced dates do not get blended into completed income history.

Ex-date
Sep 15, 2026
Pay date
Sep 30, 2026
Frequency
quarterly

Latest dividend record

Jun 15, 2026

Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.

Dividend yield
2.16%
Latest dividend
$0.32
33.33% vs prior payment
Trailing annual dividend
$1.04
-8.77% vs prior complete year
Ex-dividend date
Sep 15, 2026
Calendar endpoint
Frequency
quarterly
Inferred from available dividend events
Payment date
Sep 30, 2026
Calendar endpoint
Payout ratio
25.03%
Dividend as a share of earnings where available
FCF payout
58.21%
Dividend as a share of free cash flow per share
FCF coverage
1.72x
Free cash flow per share divided by dividend

AIQ Dividend bridge

Quality56/100

Margins, returns, leverage, and cash conversion support dividend durability.

Value52/100

Yield is more useful when valuation context is not stretched.

Risk resilience48/100

Lower drawdown and balance-sheet risk can improve income dependability.

Recent Dividend History

Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.

Dividend reliability

Active payer

Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.

Yield
2.16%
Current income rate
TTM trend
Trailing income falling
-8.77% vs prior complete year
FCF coverage
Covered by FCF
1.72x
Payout ratio
25.03%
Earnings payout context
Recent dividend cadence
8 records
Sep 24
$0.44
Dec 24
$0.22
Mar 25
$0.24
Jun 25
$0.24
Sep 25
$0.24
Dec 25
$0.24
Mar 26
$0.24
Jun 26
$0.32

Annual dividend trail

2016 - 2026

11 plotted years

Dividend growth

-8.77% 1Y

Latest increase +33.33%
Latest dividend event timeline
Declared
May 7, 2026
Ex-date
Jun 15, 2026
Record
Jun 15, 2026
Paid
Jun 30, 2026

Latest row amount $0.32, event yield 2.39%.

Event field coverage
Declaration41/41
Record41/41
Payment41/41
Frequency41/41
History depth
41 rows
FMP dividend events via canonical L3
Data through
Jun 15, 2026
latest covered ex-date
Last checked
Sep 5, 2026
independent from event date
Date coverage
41/41 pay
41/41 record dates

This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.

Recent dividend chart

Dividend payments

Showing latest 5 of 41 rows
Ex-dateLabelDividendAdjustedEvent yieldFrequencyTTM adjustedDeclaredRecord datePayment date
Jun 15, 2026$0.32
$0.32
2.39%Quarterly$1.04May 7, 2026Jun 15, 2026Jun 30, 2026
Mar 13, 2026$0.24
$0.24
2.08%Quarterly$0.96Feb 17, 2026Mar 13, 2026Mar 31, 2026
Dec 15, 2025$0.24
$0.24
2.65%Quarterly$0.96Nov 5, 2025Dec 15, 2025Dec 30, 2025
Sep 15, 2025$0.24
$0.24
2.78%Quarterly$0.94Aug 5, 2025Sep 15, 2025Sep 30, 2025
Jun 13, 2025$0.24
$0.24
3.25%Quarterly$1.14May 6, 2025Jun 13, 2025Jun 30, 2025
Show older history+36 rows
Mar 14, 2025$0.24
$0.24
3.62%Quarterly$1.25Feb 18, 2025Mar 14, 2025Mar 31, 2025
Dec 13, 2024$0.22
$0.22
4.28%Quarterly$1.45Nov 5, 2024Dec 13, 2024Dec 30, 2024
Sep 13, 2024$0.44
$0.44
5.07%Special$2.00Aug 6, 2024Sep 13, 2024Sep 30, 2024
Jun 14, 2024$0.35
$0.35
4.50%Special$2.05May 1, 2024Jun 14, 2024Jun 28, 2024
Mar 14, 2024$0.44
$0.44
5.06%Special$2.42Feb 27, 2024Mar 15, 2024Mar 28, 2024
Dec 14, 2023$0.77
$0.77
6.38%Special$2.87Nov 7, 2023Dec 15, 2023Dec 29, 2023
Sep 14, 2023$0.49
$0.49
6.77%Special$3.45Aug 1, 2023Sep 15, 2023Sep 29, 2023
Jun 14, 2023$0.72
$0.72
9.21%Special$4.51May 8, 2023Jun 15, 2023Jun 30, 2023
Mar 14, 2023$0.89
$0.89
Special$5.06Feb 14, 2023Mar 15, 2023Mar 31, 2023
Dec 9, 2022$1.35
$1.35
8.67%Special$5.17Nov 1, 2022Dec 12, 2022Dec 30, 2022
Sep 9, 2022$1.55
$1.55
6.80%Special$4.66Aug 1, 2022Sep 12, 2022Sep 30, 2022
Jun 10, 2022$1.27
$1.27
4.86%Special$3.60May 2, 2022Jun 13, 2022Jun 30, 2022
Mar 11, 2022$1.00
$1.00
4.55%Special$2.67Feb 15, 2022Mar 14, 2022Mar 31, 2022
Dec 9, 2021$0.84
$0.84
4.66%Special$1.97Nov 2, 2021Dec 10, 2021Dec 30, 2021
Sep 10, 2021$0.49
$0.49
4.42%Special$1.24Aug 3, 2021Sep 13, 2021Sep 30, 2021
Jun 11, 2021$0.34
$0.34
3.82%Special$0.86May 4, 2021Jun 14, 2021Jun 30, 2021
Mar 12, 2021$0.30
$0.30
3.67%Special$0.78Dec 2, 2020Mar 15, 2021Mar 31, 2021
Dec 10, 2020$0.11
$0.11
Quarterly$0.59Sep 16, 2020Dec 11, 2020Dec 30, 2020
Sep 11, 2020$0.11
$0.11
Quarterly$0.57Jun 3, 2020Sep 14, 2020Sep 30, 2020
Aug 13, 2020$0.26
$0.26
4.65%Special$0.55Aug 4, 2020Aug 14, 2020Oct 1, 2020
Jun 12, 2020$0.11
$0.11
Quarterly$0.38Feb 18, 2020Jun 15, 2020Jun 30, 2020
Mar 12, 2020$0.09
$0.09
Quarterly$0.36Dec 4, 2019Mar 13, 2020Mar 31, 2020
Dec 12, 2019$0.09
$0.09
1.46%Quarterly$0.35Sep 11, 2019Dec 13, 2019Dec 27, 2019
Sep 12, 2019$0.09
$0.09
1.38%Quarterly$0.34Jun 5, 2019Sep 13, 2019Sep 27, 2019
Jun 13, 2019$0.09
$0.09
1.26%Quarterly$0.33Feb 19, 2019Jun 14, 2019Jun 28, 2019
Mar 14, 2019$0.08
$0.08
1.08%Quarterly$0.32Nov 28, 2018Mar 15, 2019Mar 29, 2019
Dec 13, 2018$0.08
$0.08
1.12%Quarterly$0.30Sep 12, 2018Dec 14, 2018Dec 28, 2018
Sep 13, 2018$0.08
$0.08
Quarterly$0.28Jun 6, 2018Sep 14, 2018Sep 28, 2018
Jun 14, 2018$0.08
$0.08
Quarterly$0.26Mar 7, 2018Jun 15, 2018Jun 29, 2018
Mar 14, 2018$0.06
$0.06
Quarterly$0.24Nov 29, 2017Mar 15, 2018Mar 29, 2018
Dec 14, 2017$0.06
$0.06
Quarterly$0.24Sep 13, 2017Dec 15, 2017Dec 29, 2017
Sep 14, 2017$0.06
$0.06
Quarterly$0.24Jun 7, 2017Sep 15, 2017Sep 29, 2017
Jun 13, 2017$0.06
$0.06
Quarterly$0.24Mar 2, 2017Jun 15, 2017Jun 30, 2017
Mar 13, 2017$0.06
$0.06
QuarterlyNov 30, 2016Mar 15, 2017Mar 31, 2017
Dec 13, 2016$0.06
$0.06
QuarterlySep 14, 2016Dec 15, 2016Dec 30, 2016
Sep 13, 2016$0.06
$0.06
QuarterlyJun 8, 2016Sep 15, 2016Sep 30, 2016
Dividend context
How to read DVN's dividend profile

Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.

Yield needs coverage

A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.

Payment history matters

Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.

Payout ratio is context

A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.

Dividend calculators

Use compact calculator links here; the standalone tools remain the canonical calculator pages.

Primary calculator
Calculate DVN dividend income

Estimate annual income, payment amount, yield and growth scenarios using DVN as ticker context.

Calculate dividend income
Secondary calculator
Model DVN dividend reinvestment

Explore a DRIP scenario without duplicating the full calculator on the dividend analysis page.

Model dividend reinvestment
Continue to DVN fundamentals
Review the profitability, cash generation, and balance-sheet context behind the dividend.

DVN Dividends FAQ

Does DVN pay a dividend?

If Devon Energy Corporation has covered dividend payments, this page shows the latest dividend, yield, ex-date, payment date when available, and recent payment history. If no rows are shown, the current snapshot does not include dividend history for DVN.

What is DVN's dividend yield?

DVN's dividend yield compares trailing dividend payments with the latest available price. It should be read with payout ratio, free cash flow coverage, balance-sheet risk, and dividend history.

Is DVN's dividend sustainable?

Dividend sustainability depends on whether earnings and free cash flow can cover the distribution through normal business cycles. Review payout ratio, free cash flow coverage, recent payment cadence, debt, and earnings stability rather than yield alone.

When is DVN's next dividend payment?

When covered, the table shows recent ex-dividend, record, and payment dates. Future payment timing should be confirmed against issuer announcements because schedules can change.

How should investors interpret DVN's dividend growth?

Rising dividends can indicate capital return discipline, but dividend growth is strongest when it is supported by growing free cash flow, a reasonable payout ratio, and a consistent history of actual payments.

What does DVN's dividend reliability view show?

DVN's reliability view summarizes recent payment cadence, trailing income direction when comparable history is complete, payout context where meaningful, and available coverage evidence. It is a screening aid, not a guarantee of future dividends.