Devon Energy Dividend

What is Devon Energy current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


9.49%

Current Dividend Yield

Dividend Yield vs Market

Devon Energy Dividend Yield vs Market
How does DVN dividend yield compare to the market?
SegmentDividend Yield
Company (DVN)9.5%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Oil and Gas)5.0%
Analyst forecast in 3 Years (DVN)1.2%

Notable Dividend: DVN's dividend (9.49%) is higher than the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: DVN's dividend (9.49%) is in the top 25% of dividend payers in the US market (4.75%)


Stability and Growth of Payments

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.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.6%), DVN's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (73.6%), DVN's dividend payments are covered by cash flows.


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