How Much Will Devon Energy Pay in Dividends This Year? [Yahoo! Finance]
Devon Energy Corporation (DVN)
Last devon energy corporation earnings: 2/18 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.devonenergy.com/investors/events-presentations/default.aspx
Company Research
Source: Yahoo! Finance
While there's no definitive answer, the prospect of significant returns to shareholders is clear. Devon Energy's capital return to shareholders First, Devon Energy will pay at least $0.88 in dividends this year through its fixed dividend, implying a dividend yield of 1.7% at the current price. Second, Devon Energy plans to return 70% of its free cash flow (FCF) in the form of dividends and share buybacks based on management's projections and an average price of oil of $85 a barrel in 2024. Devon's returns to shareholders would be 7.5% of its market cap. In other words, the company could, theoretically, at least, pay a 7.5% dividend yield to shareholders at the current price. The third and most likely answer is something in the $0.88 to $4 range, representing a 1.7% to 7.5% yield based on the above numbers. The final figure is determined by the level of share buybacks initiated by management. Share buybacks and value creation The company has a $3 billion share repurchase pr
Show less
Read more
Impact Snapshot
Event Time:
DVN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DVN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DVN alerts
High impacting Devon Energy Corporation news events
Weekly update
A roundup of the hottest topics
DVN
News
- Astatine Investment Partners Successfully Exits HEP Catalyst InvestCo Investment [Yahoo! Finance]Yahoo! Finance
- Will Multi-Basin Assets Aid Devon Energy (DVN) in Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- Texas operators turn to flaring amid weak gas prices [Reuters]Reuters
- Texas operators turn to flaring amid weak gas prices [Yahoo! Finance]Yahoo! Finance
- Estimating The Intrinsic Value Of Devon Energy Corporation (NYSE:DVN) [Yahoo! Finance]Yahoo! Finance
DVN
Earnings
- 2/27/24 - Beat
DVN
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form ARS
- 4/25/24 - Form DEF
- DVN's page on the SEC website