DVN – Dividend Returns, History & Calculator

Dividend Challenger 7 Years

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware Basin located in southeast New Mexico and west Texas, Ea

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Company Info

Symbol DVN
Company Devon Energy Corporation
Sector Energy
Industry Oil & Gas E&P
Website Visit
Market Cap $21,386.4M

Price Data

Price $33.69
Price Change -0.16
Price Change % -0.47%
Next Earnings Nov 4, 2025
Low (52W) $25.89
High (52W) $46.04

Dividend Data

Div Yield 284.95%
5Y Avg Yield 565.03%
Current Div $0.240
Payouts/Year 4
Annualized $0.960
Previous Div $0.240
Ex-Date Jun 13, 2025

Growth Rates

Chowder Number 15.1
DGR 1Y -44.4%
DGR 3Y -31.8%
DGR 5Y 12.2%
DGR 10Y 1.7%

Total Returns

TTR 1Y - With Specials -20.3%
TTR 3Y - With Specials -15.8%
TTR 1Y - No Specials -21.3%
TTR 3Y - No Specials -16.1%

Fair Value

Fair Value (P/E 10) $37.15
FV (P/E 10) % -9.0%
Fair Value (Peter Lynch) $22.20
FV (Peter Lynch) % 52.0%
Fair Value (Blended) $37.00
FV (Blended) % -9.0%

Financial Metrics

Revenue 1Y 4.5%
NPM 16.6%
CF/Share $10.73
ROE 20.7%
Current R 1.2x
Debt/Capital 36.0%
ROTC 12.2%
P/E 7.6x
P/BV 1.4x
PEG 0.82
📊 Financial data last updated: August 18, 2025 12:46 pm

DVN 10-yr Total Return ($10,000 invested)

This analysis of DVN demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 2.7% CAGR, representing modest long-term performance. Recent 5-year performance has been particularly strong at 32.9% annually, outpacing the 10-year average. The DRIP strategy provided 22% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (DVN)

Over the selected period, investing $10,000 in DVN would grow to $19,971 with DRIP (99.7%), and $18,219 without DRIP (82.2%).

DVN Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in DVN with historic price growth (-2.73%) and dividend growth (0.00%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $40,041

Annual Dividend: $1,992

Yield on Cost: 5.86%

Total Dividends: $19,125

No DRIP

Portfolio: $38,323

Total Dividends: $14,158

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $67,888

Annual Dividend: $4,453

Yield on Cost: 9.68%

Total Dividends: $49,496

No DRIP

Portfolio: $58,340

Total Dividends: $29,542

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $8,481 against a total investment of $25,600. At this point, your portfolio is throwing off $1,126 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $1,566, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $19,125 versus $34,000 invested, nearly a 56% recovery of capital purely from income. Yield on cost reaches 5.86%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $2,966 is greater than total contributions to date ($40,000), and cumulative dividends exceed $31,315.

By year 30, the DRIP snowball is in full force. Yearly income reaches $4,453, cumulative dividends total $49,496, and the DRIP portfolio value stands at $67,888, compared with $58,340 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for DVN, price $33.55, dividend per period $0.24 (4x/year), along with historic growth assumptions: price growth -2.73% and dividend growth 0.00% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price.

Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price.

In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth and dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice, it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for DVN

Based on past 10-year performance, here are DVN growth metrics:

Share price CAGR of +4.85%
Dividend CAGR of +1.73%

Using DVN CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

DVN (DRIP)DVN (No DRIP)
Current Price$33.69$33.69
Start Shares296.82296.82
Start Value$10,000$10,000
After 10 years:
Final Share Count377.08296.82
Dividends Payment$1.14$1.14
Annual Dividends$421$338
Yield on cost4.21%3.38%
Share Price$54.12$54.12
Total Dividends$3,534$3,136
Final Value$20,408$19,201

Estimated Future Value + Dividends – DVN

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

DVN Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
06/13/202506/13/2025$0.2403.25%2.73%$35.11
03/14/202503/14/2025$0.2403.62%2.78%$34.55
12/13/202412/13/2024$0.2204.28%2.60%$33.88
09/13/202409/13/2024$0.4405.07%4.46%$39.45
06/14/202406/14/2024$0.3504.50%3.07%$45.56
03/14/202403/14/2024$0.4405.06%3.68%$47.86
12/14/202312/14/2023$0.7706.38%6.85%$44.99
09/14/202309/14/2023$0.4906.77%3.85%$50.93
06/14/202306/14/2023$0.7209.21%5.88%$48.95
03/14/202303/14/2023$0.89010.28%7.23%$49.22
12/09/202212/09/2022$1.358.67%9.06%$59.62
09/09/202209/09/2022$1.556.80%9.05%$68.51
06/10/202206/10/2022$1.274.86%6.86%$74.06
03/11/202203/11/2022$1.004.55%6.82%$58.64
12/09/202112/09/2021$0.8404.66%7.94%$42.32
09/10/202109/10/2021$0.4904.42%6.98%$28.07
06/11/202106/11/2021$0.3402.94%4.64%$29.29
03/12/202103/12/2021$0.3003.22%4.95%$24.25
12/10/202012/10/2020$0.1103.56%2.66%$16.57
09/11/202009/11/2020$0.1106.35%4.91%$8.97
08/13/202008/13/2020$0.2604.65%8.78%$11.84
06/12/202006/12/2020$0.1102.97%3.44%$12.80
03/12/202003/12/2020$0.0904.95%4.95%$7.27
12/12/201912/12/2019$0.0901.46%1.50%$23.99
09/12/201909/12/2019$0.0901.38%1.47%$24.56
06/13/201906/13/2019$0.0901.26%1.38%$26.12
03/14/201903/14/2019$0.0801.08%1.08%$29.50
12/13/201812/13/2018$0.0801.12%1.19%$26.87
09/13/201809/13/2018$0.0800.68%0.78%$40.88
06/14/201806/14/2018$0.0800.62%0.77%$41.71
03/14/201803/14/2018$0.0600.74%0.74%$32.62
12/14/201712/14/2017$0.0600.63%0.63%$38.00
09/14/201709/14/2017$0.0600.71%0.71%$33.90
06/13/201706/13/2017$0.0600.72%0.72%$33.49
03/13/201703/13/2017$0.0600.59%0.59%$40.96
12/13/201612/13/2016$0.0600.87%0.50%$48.19
09/13/201609/13/2016$0.0601.46%0.58%$41.14
06/13/201606/13/2016$0.0602.18%0.67%$35.78
03/11/201603/11/2016$0.2403.87%3.87%$24.78
12/11/201512/11/2015$0.2402.86%2.86%$33.55
09/11/201509/11/2015$0.2402.47%2.47%$38.84
06/11/201506/11/2015$0.2401.53%1.53%$62.94
03/11/201503/11/2015$0.2401.66%1.66%$57.84
12/10/201412/10/2014$0.2401.73%1.76%$54.47
09/10/201409/10/2014$0.2401.30%1.36%$70.67
06/11/201406/11/2014$0.2401.18%1.26%$76.42
03/12/201403/12/2014$0.2201.40%1.40%$63.08
12/11/201312/11/2013$0.2201.44%1.48%$59.57
09/11/201309/11/2013$0.2201.42%1.49%$59.13
06/12/201306/12/2013$0.2201.50%1.61%$54.54
03/13/201303/13/2013$0.2001.44%1.44%$55.69
12/12/201212/12/2012$0.2001.51%1.51%$52.91
09/12/201209/12/2012$0.2001.25%1.30%$61.43
06/13/201206/13/2012$0.2001.31%1.42%$56.34
03/13/201203/13/2012$0.2000.98%1.11%$72.10
12/13/201112/13/2011$0.1701.06%1.07%$63.38
09/13/201109/13/2011$0.1701.03%1.06%$64.13
06/13/201106/13/2011$0.1700.84%0.88%$77.51
03/11/201103/11/2011$0.1600.73%0.73%$88.05
12/13/201012/13/2010$0.1600.87%0.87%$73.88
09/13/201009/13/2010$0.1601.04%1.04%$61.73
06/11/201006/11/2010$0.1600.94%0.94%$68.16
03/11/201003/11/2010$0.1600.89%0.89%$72.04
12/11/200912/11/2009$0.1601.00%1.00%$63.89
09/11/200909/11/2009$0.1600.97%0.97%$65.65
06/11/200906/11/2009$0.1600.97%0.97%$66.19
03/12/200903/12/2009$0.1601.45%1.45%$44.11
12/11/200812/11/2008$0.1600.90%0.90%$70.97
09/12/200809/12/2008$0.1600.67%0.67%$95.87
06/12/200806/12/2008$0.1600.53%0.55%$115.96
03/13/200803/13/2008$0.1600.57%0.61%$104.47
03/12/200803/12/2008$0.1600.57%0.63%$102.10
12/12/200712/12/2007$0.1400.63%0.63%$89.59
09/12/200709/12/2007$0.1400.66%0.70%$80.29
06/13/200706/13/2007$0.1400.64%0.71%$79.34
03/13/200703/13/2007$0.1400.76%0.89%$63.28
12/13/200612/13/2006$0.1130.64%0.64%$71.07
09/13/200609/13/2006$0.1130.62%0.68%$66.87
06/13/200606/13/2006$0.1130.77%0.92%$49.10
03/13/200603/13/2006$0.1130.57%0.76%$59.13
12/13/200512/13/2005$0.0750.45%0.45%$67.00
09/13/200509/13/2005$0.0750.44%0.48%$62.69
06/13/200506/13/2005$0.0750.52%0.62%$48.10
03/11/200503/11/2005$0.0750.48%0.64%$46.65
12/13/200412/13/2004$0.0500.51%0.51%$39.21
09/13/200409/13/2004$0.0500.51%0.58%$34.65
06/14/200406/14/2004$0.0500.50%0.66%$30.12
03/11/200403/11/2004$0.0500.45%0.72%$27.70
12/12/200312/12/2003$0.0250.37%0.37%$27.05
09/12/200309/12/2003$0.0250.40%0.40%$24.85
04/22/200304/22/2003$0.0250.40%0.40%$24.82
03/13/200303/13/2003$0.0250.42%0.42%$23.89
12/12/200212/12/2002$0.0250.42%0.42%$24.00
09/12/200209/12/2002$0.0250.42%0.42%$23.93
06/12/200206/12/2002$0.0250.42%0.42%$23.55
03/13/200203/13/2002$0.0250.53%0.43%$23.39
12/13/200112/13/2001$0.0250.76%0.61%$16.50
09/17/200109/17/2001$0.0250.58%0.47%$21.45
09/12/200109/12/2001$0.0500.58%0.92%$21.69
06/13/200106/13/2001$0.0250.36%0.36%$28.00
03/13/200103/13/2001$0.0250.32%0.32%$31.50
12/13/200012/13/2000$0.0250.37%0.37%$27.10
09/13/200009/13/2000$0.0250.34%0.34%$29.09
06/13/200006/13/2000$0.0250.33%0.33%$29.88
03/13/200003/13/2000$0.0250.45%0.45%$22.13
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

DVN Price

Price to Earnings

DVN trades at a 21.5x price-to-earnings ratio.

Price to Sales

DVN trades at a 4.5x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

DVN generated $4.3B in revenue. Revenue has grown by 40% over the period.

Net Income

DVN reported $0.9B in net income. Net income has grown by 28% over the period.

Revenue vs Net Income

DVN generated $4.3B in revenue with net income of $0.9B, representing a 21.0% net profit margin.

Gross Profit

DVN achieved $3.4B in gross profit, showing revenue after direct production costs.

Operating Income

DVN generated $1.5B in operating income, representing profit from core business operations.

EBITDA

DVN generated $1.7B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

DVN generated $1.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

DVN generated $0.9B in free cash flow. Free cash flow has increased by 26% over the period.

Free Cash Flow / Share

DVN generates $1.39 in free cash flow per share. FCF per share has grown by 26% over the period.

Earnings Per Share (EPS)

DVN reported $1.42 in earnings per share. EPS has grown by 28% over the period.

Return on Equity (ROE)

DVN delivered a 17.5% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

DVN achieved a 10.5% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

DVN maintains a 21.0% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

DVN operates with a 79.5% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

DVN holds $0.6B in cash against $0.2B in debt, resulting in a net cash position of $0.4B.

Shares Outstanding

DVN has 0.6B shares outstanding.

Stock-Based Comp

DVN reported $0.1B in stock-based compensation. Over the period, stock-based compensation has increased by 40%.

FCF vs Stock Based Comp

DVN generated $0.9B in free cash flow while spending $0.1B on stock-based compensation, representing 12% of FCF.

FCF vs FCF / Share

DVN reported $0.9B in free cash flow, translating to $1.39 per share.

Revenue: Actual + Estimates

This chart tracks DVN revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks DVN eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks DVN net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks DVN ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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