During the past 12 months, Devon Energy's average Dividends Per Share Growth Rate was -23.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -42.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 7.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 19.80% per year.
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 -42.90% per year. And the median was 10.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Devon Energy (MEX:DVN) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Devon Energy Forward Dividend Yield % Related Terms
MEX:DVN vs OXY, FANG, EQT: Forward Dividend Yield % Comparison
For the Oil & Gas E&P subindustry, Devon Energy's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Devon Energy's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Devon Energy's Forward Dividend Yield % falls into.
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 0.320000
2026-06-15
2026-06-15
2026-06-30
Cash Dividend
quarterly
USD:MXN 17.208000
USD 0.240000
2026-03-13
2026-03-13
2026-03-31
Cash Dividend
quarterly
USD:MXN 17.770000
USD 0.240000
2025-12-15
2025-12-15
2025-12-30
Cash Dividend
quarterly
USD:MXN 18.070800
USD 0.240000
2025-09-15
2025-09-15
2025-09-30
Cash Dividend
quarterly
USD:MXN 18.478900
* 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 Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
22.02624
/
734.00
=
3.00 %
Current Share Price is MXN734.00. Devon Energy's Dividends per Share for the forward twelve months is calculated as MXN5.50656 * 4 = MXN22.02624.
Devon Energy's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
18.543288
/
734.00
=
2.53 %
Current Share Price is MXN734.00. Devon Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN18.543288.
* 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.
What does a Forward Dividend Yield % of 2.53% mean?
Devon Energy (MEX:DVN) has a Forward Dividend Yield % of 2.53% as of Jun. 29, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Devon Energy and its competitors. According to the industry distribution chart, Devon Energy ranks #357 out of 494 companies in the Oil & Gas industry, placing it in the top 72.3%.
Is Devon Energy's Forward Dividend Yield % too high?
Devon Energy's current Forward Dividend Yield % is 2.53%. The Oil & Gas industry median Forward Dividend Yield % is 4.16. Devon Energy's value of 2.53% is 39.1% below this industry median. Based on the distribution chart, Devon Energy ranks #357 out of 494 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Devon Energy has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devon Energy's Forward Dividend Yield % compare to OXY and FANG?
According to the Oil & Gas industry distribution chart, Devon Energy ranks #357 out of 494 companies for Forward Dividend Yield %. This places Devon Energy in the lower half of its industry. The industry median Forward Dividend Yield % is 4.16. Devon Energy's value of 2.53% is 39.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Oil & Gas company?
The median Forward Dividend Yield % among Oil & Gas companies is 4.16, based on 494 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Devon Energy's current Forward Dividend Yield % of 2.53% is 39.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Devon Energy and its competitors. For the Oil & Gas industry, the median Forward Dividend Yield % is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devon Energy's current Forward Dividend Yield % is 2.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devon Energy stock overvalued right now?
Based on GuruFocus' analysis, Devon Energy (MEX:DVN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN873.81, compared to a current price of MXN734.00 — trading 16% below its estimated fair value. The current Forward Dividend Yield % is 2.53% and 39.1% below the Oil & Gas industry median of 4.16. Devon Energy's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Devon Energy (MEX:DVN), the current Forward Dividend Yield % is 2.53% as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Devon Energy (MEX:DVN) Overvalued in 2026?
Based on GuruFocus' analysis, Devon Energy stock appears to be undervalued.
The current stock price of MXN734.00 is trading 16% below its estimated GF Value™ of MXN873.81.
GuruFocus considers Devon Energy to be Modestly Undervalued.
Key valuation signals for MEX:DVN:
Forward Dividend Yield %: 2.53%
GF Value™: MXN873.81 vs. price of MXN734.00 (16% below fair value)
Industry Position: 39.1% below the Oil & Gas median (#357 of 494)
No single metric tells the full story. See the MEX:DVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. After the merger with Coterra, it will have a foothold in the gas-driven Appalachian Basin as well. At the end of 2025, Devon reported net proved reserves of 2.4 billion barrels of oil equivalent, up from 2.2 billion in 2024. Net production averaged roughly 840,000 barrels of oil equivalent per day in 2025 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
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