Devon Energy Dividends
DVN Stock | USD 37.84 0.13 0.34% |
At this time, Devon Energy's Dividends Paid is very stable compared to the past year. As of the 28th of November 2024, Dividend Yield is likely to grow to 0.07, while Dividend Paid And Capex Coverage Ratio is likely to drop 0.71. Devon Energy's past performance could be the main factor of why investors trade Devon Energy stock today. Investors should clearly understand every aspect of the Devon Energy dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Devon Energy's dividend schedule and payout information. Devon Energy dividends can also provide a clue to the current valuation of Devon Energy.
Number Of Dividends | Years Issued 32 | Previous Year 4 Times | Current Year 3 Times | Year Average 4 | Volatility 0.36 |
Last Reported | Projected for Next Year | ||
Dividends Paid | 1.9 B | 2 B | |
Dividend Yield | 0.06 | 0.07 | |
Dividend Payout Ratio | 0.50 | 0.52 | |
Dividend Paid And Capex Coverage Ratio | 1.13 | 0.71 |
Devon |
Investing in dividend-paying stocks, such as Devon Energy is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Devon Energy must own a stock before its ex-dividend date to receive its next dividend.
Devon Energy Dividends Paid Over Time
Today, most investors in Devon Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Devon Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Devon Energy dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
Timeline |
Devon Energy Historical Dividend Yield Growth
A solid dividend growth pattern of Devon Energy could indicate future dividend growth is likely, which can signal long-term profitability for Devon Energy. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Devon Energy dividend as a percentage of Devon Energy stock price. Devon Energy dividend yield is a measure of Devon Energy stock productivity, which can be interpreted as interest rate earned on an Devon Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
Timeline |
Recent Devon Energy Dividends Paid (per share)
Dividends Paid |
Timeline |
Devon Energy Past Distributions to stockholders
30th of September 2024 | ||
28th of June 2024 | ||
28th of March 2024 | ||
29th of December 2023 | ||
29th of September 2023 | ||
30th of June 2023 | ||
31st of March 2023 | ||
15th of March 2023 | ||
30th of December 2022 |
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Devon Energy. If investors know Devon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Devon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 2 | Earnings Share 5.42 | Revenue Per Share 23.117 | Quarterly Revenue Growth (0.10) |
The market value of Devon Energy is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.