Devon Energy Announces First-Quarter 2021 Cash Dividend for Common Stockholders

Rhea-AI Summary

Devon Energy Corp. (NYSE: DVN) has declared a quarterly cash dividend of $0.11 per share for the first quarter of 2021. This dividend will be payable on March 31, 2021, to shareholders on record as of March 15, 2021. The company focuses on oil and natural gas production, operating in key regions across the U.S. Devon aims for robust returns and capital-efficient cash flow growth.

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• Quarterly cash dividend of $0.11 per share announced.
• Strengthens shareholder returns with a dividend payment.

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• None.

OKLAHOMA CITY, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the first quarter of 2021. The dividend is payable on March 31, 2021, at a rate of $0.11 per share based on a record date of March 15, 2021.

About Devon Energy
Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of the most prolific oil and natural gas plays in the U.S. with an emphasis on achieving strong returns and capital-efficient cash-flow growth. For more information, please visit www.devonenergy.com.

Investor Contacts	Media Contact
Scott Coody, 405-552-4735	Lisa Adams, 405-228-1732
Chris Carr, 405-228-2496

FAQ

What is the dividend amount declared by Devon Energy (DVN) for Q1 2021?

Devon Energy has declared a dividend of $0.11 per share for the first quarter of 2021.

When will the dividend be paid to shareholders?

The dividend will be payable on March 31, 2021.

What is the record date for Devon Energy's dividend?

The record date for the dividend is March 15, 2021.

How often does Devon Energy (DVN) pay dividends?

Devon Energy typically pays dividends quarterly.