Devon Energy Dividend
Dividend criteria checks 5/6
Devon Energy is a dividend paying company with a current yield of 6.95% that is well covered by earnings.
Key information
6.9%
Dividend yield
58%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CHF5.91 |
Dividend yield forecast in 3Y | 4.0% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (DY6) | 6.9% |
Market Bottom 25% (CH) | 2.0% |
Market Top 25% (CH) | 4.2% |
Industry Average (Oil and Gas) | 6.0% |
Analyst forecast in 3 Years (DY6) | 4.0% |
Notable Dividend: DY6's dividend (6.95%) is higher than the bottom 25% of dividend payers in the Swiss market (1.94%).
High Dividend: DY6's dividend (6.95%) is in the top 25% of dividend payers in the Swiss market (4.1%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.5%), DY6's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.1%), DY6's dividend payments are covered by cash flows.