Devon Energy Corporation (NYSE:DVN) will begin trading ex-dividend on December 10, 2020. The quarterly dividend payment of $ 0.11 per share is scheduled to be paid on December 30, 2020. The dividend yield based on the latest trading day closing price was 2.76 percent. Shareholders who purchased DVN shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Devon Energy Corporation recently reported second quarter financial results on August 4, 2020, after market close, oil exploration and development giant reported loss for the second quarter of $ 0.18 per share, from the revenue of $ 394.00 million. The quarterly revenues decreased 79.49 percent compared with the same quarter last year. Street analysts expected Devon Energy Corporation recently reported second quarter financial results on August 4, 2020, after market close, oil exploration and development giant to report loss of $ 0.26 per share on revenue of $ 1115.62 million for the second quarter. The bottom line results beat street analysts by $ 0.08 or 30.77 percent, at the same time, top line results fell short of analysts by $ 721.62 million or 64.68 percent.
Stock Performance
Shares of Devon Energy Corporation traded up $ 0.02 or 0.13 percent on Tuesday, reaching $ 15.97 with volume of 10.27 million shares. Devon Energy Corporation has traded high as $ 16.50 and has cracked $ 15.67 on the downward trend
According to the previous trading day, closing price of $ 15.97, representing a 239.36 % increase from the 52 week low of $ 4.70 and a 40.88 % decrease over the 52 week high of $ 26.98.
The company has a market capital of $ 6.11 billion and is part of the Energy sector and Oil & Gas E&P industry.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada. It operates approximately 12,900 gross wells. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
