Devon Energy Corporation Announces Quarterly Dividend of $0.24 (NYSE:DVN)

Devon Energy Corporation (NYSE:DVN) announced a quarterly dividend on Tuesday, February 17th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.24 per share by the energy company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, March 13th.

Devon Energy has increased its dividend by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Devon Energy has a dividend payout ratio of 22.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Devon Energy to earn $5.00 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 19.2%.

Devon Energy Stock Up 0.6%

Shares of NYSE DVN traded up $0.27 during mid-day trading on Wednesday, reaching $44.31. 2,352,956 shares of the company’s stock were exchanged, compared to its average volume of 10,889,743. The company has a current ratio of 0.96, a quick ratio of 0.87 and a debt-to-equity ratio of 0.48. The business has a fifty day simple moving average of $38.52 and a 200 day simple moving average of $35.91. Devon Energy has a twelve month low of $25.89 and a twelve month high of $45.32. The firm has a market capitalization of $27.80 billion, a price-to-earnings ratio of 10.43, a PEG ratio of 4.06 and a beta of 0.61.

Devon Energy (NYSE:DVN) last announced its earnings results on Tuesday, February 17th. The energy company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.81 by $0.01. Devon Energy had a net margin of 15.56% and a return on equity of 18.14%. The firm had revenue of $4.12 billion for the quarter, compared to the consensus estimate of $3.67 billion. During the same period last year, the company posted $1.10 EPS. The business’s quarterly revenue was down 6.4% on a year-over-year basis. As a group, equities analysts expect that Devon Energy will post 4.85 EPS for the current fiscal year.

Key Devon Energy News

Here are the key news stories impacting Devon Energy this week:

• Positive Sentiment: Q4 beat on key metrics — Devon posted Q4 EPS slightly above consensus and revenue that topped estimates; production exceeded guidance and operating costs fell, supporting cash‑flow stability. Devon Q4 Earnings & Revenues Beat Estimates, Production Increases
• Positive Sentiment: Dividend hike/return of capital — management declared a quarterly dividend and some outlets report a 31% increase to $0.315/share, reinforcing Devon’s capital‑return policy and likely supporting income‑focused investors. Devon Energy raises dividend by 31% to $0.315 per share
• Positive Sentiment: Short interest fell — recent data show short interest decreased (~12.6%), which can reduce downside selling pressure relative to prior periods. Short Interest in Devon Energy Corporation (NYSE:DVN) Decreases By 12.6%
• Neutral Sentiment: 2026 outlook and analyst engagement — Devon issued its 2026 outlook and is hosting a conference call for investors; the guidance and management commentary will be key for near‑term sentiment. Devon Energy Reports Fourth-Quarter and Full-Year 2025 Results and Declares Quarterly Fixed Dividend
• Neutral Sentiment: Analyst stance and valuations — sell‑side coverage remains largely constructive (many Buy/Overweight ratings) with a median target near $44, so analyst views are not broadly negative even as the market digests results. Devon Energy Corporation (DVN) Stock Falls on Q4 2025 Earnings
• Negative Sentiment: Sharp year‑over‑year earnings and revenue compression — despite the beat, profitability and cash‑flow declined substantially versus last year (large YoY drops in net income and operating profit), driven by weaker commodity prices and lower topline comparisons; that deterioration is the main reason the stock slipped. Devon Energy Corporation (DVN) Stock Falls on Q4 2025 Earnings

Devon Energy Company Profile

Devon Energy Corporation (NYSE: DVN) is an independent oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, development, production and marketing of hydrocarbons, including crude oil, natural gas liquids (NGLs) and natural gas. Devon operates as an upstream energy company that acquires, evaluates and develops onshore resource plays using a combination of drilling, completion and production optimization techniques.

Core business activities include identifying and developing energy reserves, operating well programs and managing reservoir performance to generate production and cash flow.