Devon Energy Dividends and Buybacks
Dividend criteria checks 3/6
Devon Energy is a dividend paying company with a current yield of 3.79% that is well covered by earnings.
Key information
3.8%
Dividend yield
4.1%
Buyback Yield
| Total Shareholder Yield | 7.9% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 15.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.353 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DY6's dividend payments have been volatile in the past 10 years.
Growing Dividend: DY6's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Devon Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DY6) | 3.8% |
| Market Bottom 25% (BG) | 1.6% |
| Market Top 25% (BG) | 4.9% |
| Industry Average (Oil and Gas) | 7.1% |
| Analyst forecast (DY6) (up to 3 years) | 3.0% |
Notable Dividend: DY6's dividend (3.79%) is higher than the bottom 25% of dividend payers in the BG market (1.6%).
High Dividend: DY6's dividend (3.79%) is low compared to the top 25% of dividend payers in the BG market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), DY6's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DY6 is paying a dividend but the company has no free cash flows.