Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  Devon Energy Corp (OLD)    DVN   US25179M1036

SummaryQuotesChartsNewsCalendarCompany 
News SummaryMost relevantAll newsSector news 

Devon Energy Corp : Devon Energy Declares Increased Cash Dividend for Common Stockholders

03/06/2013 | 01:45pm US/Eastern

Devon Energy Corporation (NYSE:DVN) today announced that its board of directors has approved a 10 percent increase to its quarterly cash dividend on the company's common stock from $0.20 per share to $0.22 per share. The increase is effective with the dividend payable on June 28, 2013 to shareholders of record as of the close of business on June 14, 2013.

"This is Devon's eighth dividend increase since 2004, representing an annual compound growth rate of 24 percent," said Jeff Agosta, chief financial officer. "Our dividend increase highlights Devon's long-term commitment to returning cash to our shareholders and ultimately reflects the confidence we have in our underlying business."

Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is a leading U.S.-based independent oil and gas producer and is included in the S&P 500 Index. For additional information, visit www.devonenergy.com.

Devon Energy Corporation
Investor Contacts
Scott Coody, 405-552-4735
or
Shea Snyder, 405-552-4782
or
Media Contact
Chip Minty, 405-228-8647


© Business Wire 2013
React to this article
Latest news on DEVON ENERGY CORP (OLD)
06/24 DEVON ENERGY : EDITORIAL: Hoping for quick end to OKC bus station challenge
06/17 DEVON ENERGY : Sinopec Seeks Minority Stake in US Shale Projects
06/16 DEVON ENERGY COR : DE : Entry into a Material Definitive Agreement, Creation of ..
06/11 DEVON ENERGY : Announces Third-Quarter Cash Dividend for Common Stockholders
06/11DJBOND REPORT : 10-year Treasury Yield Books Largest One-day Decline Since March 1..
06/11 DEVON ENERGY CORP : ex-dividend day
06/10 DEVON ENERGY : Girl Scouts raise funds for tornado shelter
06/07 DEVON ENERGY : Scouts raise funds for tornado shelter
06/05 DEVON ENERGY COR : DE : Change in Directors or Principal Officers, Submission of..
06/03 DEVON ENERGY : Announces Third-Quarter Cash Dividend for Common Stockholders
Advertisement
Chart
Duration : Period :
Devon Energy Corp (OLD) Technical Analysis Chart | DVN | US25179M1036 | 4-Traders