Devon Energy Corporation (DVN) Dividend
Devon Energy Corporation (DVN) currently pays a dividend yield of 2.60%, distributing $1.28 per share annually ($0.32 per quarter). The company operates in the Energy sector.
DVN dividend at a glance
| Dividend Yield | 2.60% |
|---|---|
| Annual Dividend | $1.28 per share |
| Per Payment | $0.32 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 15, 2026 |
| Next Payment Date | December 30, 2026 |
| Payout Ratio | 23% |
| Sector | Energy |
| Implied Share Price (from yield) | $49.23 |
What DVN pays on a $10,000 investment
At a 2.60% yield, $10,000 invested in DVN generates about $260.00 per year, or roughly $65.00 every quarter. Share counts below use an implied price of $49.23, derived from the $1.28 annual dividend and the 2.60% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 20.3 | $26.00 | $6.50 |
| $5,000 | 101.6 | $130.00 | $32.50 |
| $10,000 | 203.1 | $260.00 | $65.00 |
| $25,000 | 507.8 | $650.00 | $162.50 |
| $100,000 | 2,031.3 | $2,600.00 | $650.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
DVN dividend payment schedule
DVN pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 15, 2026, with payment on December 30, 2026. Later rows are projected forward at the same interval and will shift when Devon Energy Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 15, 2026 | December 30, 2026 | $0.32 | Confirmed |
| March 15, 2027 | March 30, 2027 | $0.32 | Projected |
| June 15, 2027 | June 30, 2027 | $0.32 | Projected |
| September 15, 2027 | September 30, 2027 | $0.32 | Projected |
To collect a DVN dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How DVN's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. DVN's 2.60% is 0.97 percentage points below that median, ranking 604th of 1000 by yield.
Within Energy, where we track 75 names, the median yield is 5.22% — putting DVN below its sector.
What the numbers mean
DVN pays out roughly 23% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, DVN distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
DVN dividend FAQ
When is the next DVN ex-dividend date?
The next DVN ex-dividend date is December 15, 2026, with the payment scheduled for December 30, 2026. You must own shares before the ex-dividend date to receive that payment.
What is DVN's dividend yield?
DVN currently yields 2.60%, based on $1.28 in dividends per share over the past year.
How often does DVN pay dividends?
DVN pays quarterly, which works out to 4 payments per year of about $0.32 per share.
How much dividend income would $10,000 of DVN generate?
At the current 2.60% yield, $10,000 invested in DVN would produce roughly $260.00 per year, or about $65.00 per quarter, before taxes and assuming the dividend holds.
Is DVN a Dividend Aristocrat?
No. DVN is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
DVN dividend history
DivTrkr holds 137 recorded DVN dividend payments going back to 1993. See the full DVN dividend history — every payment, annual totals and growth by year.
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Similar yields to DVN
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Track DVN dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.