Devon Energy's Dividends per Share for the
three
months ended in Dec. 2023 was $0.77.
The historical rank and industry rank for Devon Energy's 3-Year Dividend Growth Rate or its related term are showing as below:
DVN'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -36.6 Med: 12.5 Max: 145.4
Current: 89.8
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Devon Energy was 145.40% per year. The lowest was -36.60% per year. And the median was 12.50% per year.
DVN's 3-Year Dividend Growth Rate is ranked better than 89.8% of 304
companies
in the Oil & Gas industry
Industry Median: 14.5
vs DVN: 89.80
During the past 12 months, Devon Energy's average Dividends Per Share Growth Rate was -44.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 89.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 81.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 15.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Devon Energy Corp stock dividend yield is close to 1-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Oil & Gas E&P subindustry, Devon Energy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Devon Energy 3-Year Dividend Growth Rate Distribution
For the Oil & Gas industry and Energy sector, Devon Energy's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Devon Energy's 3-Year Dividend Growth Rate falls into.
Devon Energy 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Devon Energy (NYSE:DVN) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Devon Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Devon Energy was 3.69. The lowest was 0.19. And the median was 0.54.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Devon Energy Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.440
2024-03-14
2024-03-15
2024-03-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.770
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.490
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.720
2023-06-14
2023-06-15
2023-06-30
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Devon Energy's Dividend Yield (%) for Today is calculated as
Current Share Price is $52.57.
Devon Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.42.
During the past 13 years, the highest Dividend Yield of Devon Energy was 11.20%. The lowest was 0.54%. And the median was 1.62%.
Warning Sign:
Devon Energy Corp stock dividend yield is close to 1-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Devon Energy 3-Year Dividend Growth Rate Related Terms>
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.
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