Devon Energy Dividend
Dividend criteria checks 4/6
Devon Energy is a dividend paying company with a current yield of 4.38% that is well covered by earnings.
Key information
4.4%
Dividend yield
46%
Payout ratio
Industry average yield | 13.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$5.30 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DVN *'s dividend payments have been volatile in the past 10 years.
Growing Dividend: DVN *'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 (DVN *) | 4.4% |
Market Bottom 25% (MX) | 2.0% |
Market Top 25% (MX) | 7.0% |
Industry Average (Oil and Gas) | 13.6% |
Analyst forecast in 3 Years (DVN *) | 2.8% |
Notable Dividend: DVN *'s dividend (4.38%) is higher than the bottom 25% of dividend payers in the MX market (2.03%).
High Dividend: DVN *'s dividend (4.38%) is low compared to the top 25% of dividend payers in the MX market (6.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.8%), DVN *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.5%), DVN *'s dividend payments are well covered by cash flows.