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Devon Energy Announces Fourth-Quarter 2020 Cash Dividend for Common Stockholders

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Devon Energy Corp. (NYSE: DVN) has declared a quarterly cash dividend of $0.11 per share for the fourth quarter of 2020. This dividend is scheduled for payment on December 30, 2020, with a record date of December 11, 2020. As a prominent player in the energy sector, Devon focuses on oil and natural gas production across various prolific U.S. regions, striving for capital-efficient cash-flow growth and impressive corporate-level returns.

Positive
  • Quarterly dividend of $0.11 per share announced.
  • Demonstrates financial stability and commitment to returning value to shareholders.
  • Scheduled payment on December 30, 2020.
Negative
  • None.

OKLAHOMA CITY, Sept. 16, 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 fourth quarter of 2020. The dividend is payable on Dec. 30, 2020, at a rate of $0.11 per share based on a record date of Dec. 11, 2020.

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 corporate-level returns and capital-efficient cash-flow growth. For more information, please visit www.devonenergy.com.

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

FAQ

What is the dividend amount declared by Devon Energy for Q4 2020?

The dividend amount is $0.11 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 30, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is December 11, 2020.

How often does Devon Energy pay dividends?

Devon Energy typically pays dividends quarterly.

Devon Energy Corporation

NYSE:DVN

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25.78B
640.22M
0.74%
73.93%
2.88%
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States of America
OKLAHOMA CITY