Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  Devon Energy Corp    DVN

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
Shea Snyder, 405-552-4782
Media Contact
Chip Minty, 405-228-8647

© Business Wire 2013
React to this article
Latest news on DEVON ENERGY CORP
04:28p DEVON ENERGY COR : DE : Change in Directors or Principal Officers, Financial Sta..
08:30a DEVON ENERGY : Completes Leadership Transition as Board of Directors Elects Dave..
07/27 DEVON ENERGY : Company Shares of Devon Energy Corporation Drops by -7.9%
07/21 DEVON ENERGY : to Report Second-Quarter 2015 Results Aug. 4; Conference Call Sch..
07/20 Halliburton secures $500 million to fund drilling in old wells
07/15DJSuncor, Partners Test Radio-Frequency Crude Extraction--Update
07/14DJSuncor, Partners Test Radio-Frequency Crude Extraction
07/14DJSuncor, Partners Test Radio Frequency-Based Crude Extraction
07/14 WPX Energy enters oil-rich Permian basin with $2.35 billion buy
07/07 DEVON ENERGY : Tuesday 7/7 Insider Buying Report: DVN, MIND
Duration : Period :
Devon Energy Corp Technical Analysis Chart | DVN | US25179M1036 | 4-Traders
Income Statement Evolution
More Financials