Devon Energy Dividend yield

 Price  51.09
 Dividend  2.88
 Earnings  9.29
 Cash-flow  13.10
 Book value  17.62
 Equity  15.93

Devon Energy is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Devon Energy is a company from USA, and his stocks are publicly traded.

Devon Energy stock dividend

Devon Energy paid a total dividend of 1,855 million USD last year, for a market value of 32,902 millions (Market Cap 32,688 millions). Devon Energy dividend per share is 2.88 USD, and his stock market price 51.09 USD.

According to the chart below, where dividend yield is displayed, Devon Energy has a dividend yield of 5.64%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Oil and Gas industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Devon Energy stocks dividend with other Oil and Gas Producers companies or other of the high USA dividend stocks list.

Dividend yield of Devon Energy

Devon Energy Dividend Payout

About the ability of Devon Energy to maintain his current dividend of USD 2.88 per share, an amount that accounts for 5.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Devon Energy payout on ernings is currently 31.00%, which is lower than the market average and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures lead us to believe that there is confidence that Devon Energycan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Devon Energy is USD 13.10 per share, which is higher than the dividend per share paid by the company of USD 2.88, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Devon Energy, compared againt world market average, USA companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Devon Energy payout

Devon Energy Dividend History

Below you will find a table with the historical evolution of Devon Energy's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 

*In millions

Devon Energy Stock performance

Finally, last moth Devon Energy showed a return of -5.40% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -27.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Oil and Gas Producers firms.

Devon Energy stock and market return