DVN – Dividend Returns, History & Calculator
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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Price Data
Dividend Data
Growth Rates
Total Returns
Fair Value
Financial Metrics
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.
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
Portfolio: $40,041
Annual Dividend: $1,992
Yield on Cost: 5.86%
Total Dividends: $19,125
Portfolio: $38,323
Total Dividends: $14,158
After 30 Years
Your Investment: $46,000
Portfolio: $67,888
Annual Dividend: $4,453
Yield on Cost: 9.68%
Total Dividends: $49,496
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:
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 Shares | 296.82 | 296.82 |
Start Value | $10,000 | $10,000 |
After 10 years: | ||
Final Share Count | 377.08 | 296.82 |
Dividends Payment | $1.14 | $1.14 |
Annual Dividends | $421 | $338 |
Yield on cost | 4.21% | 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.
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 Payments & Yield
Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.
DVN Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
06/13/2025 | 06/13/2025 | $0.240 | 3.25% | 2.73% | $35.11 |
03/14/2025 | 03/14/2025 | $0.240 | 3.62% | 2.78% | $34.55 |
12/13/2024 | 12/13/2024 | $0.220 | 4.28% | 2.60% | $33.88 |
09/13/2024 | 09/13/2024 | $0.440 | 5.07% | 4.46% | $39.45 |
06/14/2024 | 06/14/2024 | $0.350 | 4.50% | 3.07% | $45.56 |
03/14/2024 | 03/14/2024 | $0.440 | 5.06% | 3.68% | $47.86 |
12/14/2023 | 12/14/2023 | $0.770 | 6.38% | 6.85% | $44.99 |
09/14/2023 | 09/14/2023 | $0.490 | 6.77% | 3.85% | $50.93 |
06/14/2023 | 06/14/2023 | $0.720 | 9.21% | 5.88% | $48.95 |
03/14/2023 | 03/14/2023 | $0.890 | 10.28% | 7.23% | $49.22 |
12/09/2022 | 12/09/2022 | $1.35 | 8.67% | 9.06% | $59.62 |
09/09/2022 | 09/09/2022 | $1.55 | 6.80% | 9.05% | $68.51 |
06/10/2022 | 06/10/2022 | $1.27 | 4.86% | 6.86% | $74.06 |
03/11/2022 | 03/11/2022 | $1.00 | 4.55% | 6.82% | $58.64 |
12/09/2021 | 12/09/2021 | $0.840 | 4.66% | 7.94% | $42.32 |
09/10/2021 | 09/10/2021 | $0.490 | 4.42% | 6.98% | $28.07 |
06/11/2021 | 06/11/2021 | $0.340 | 2.94% | 4.64% | $29.29 |
03/12/2021 | 03/12/2021 | $0.300 | 3.22% | 4.95% | $24.25 |
12/10/2020 | 12/10/2020 | $0.110 | 3.56% | 2.66% | $16.57 |
09/11/2020 | 09/11/2020 | $0.110 | 6.35% | 4.91% | $8.97 |
08/13/2020 | 08/13/2020 | $0.260 | 4.65% | 8.78% | $11.84 |
06/12/2020 | 06/12/2020 | $0.110 | 2.97% | 3.44% | $12.80 |
03/12/2020 | 03/12/2020 | $0.090 | 4.95% | 4.95% | $7.27 |
12/12/2019 | 12/12/2019 | $0.090 | 1.46% | 1.50% | $23.99 |
09/12/2019 | 09/12/2019 | $0.090 | 1.38% | 1.47% | $24.56 |
06/13/2019 | 06/13/2019 | $0.090 | 1.26% | 1.38% | $26.12 |
03/14/2019 | 03/14/2019 | $0.080 | 1.08% | 1.08% | $29.50 |
12/13/2018 | 12/13/2018 | $0.080 | 1.12% | 1.19% | $26.87 |
09/13/2018 | 09/13/2018 | $0.080 | 0.68% | 0.78% | $40.88 |
06/14/2018 | 06/14/2018 | $0.080 | 0.62% | 0.77% | $41.71 |
03/14/2018 | 03/14/2018 | $0.060 | 0.74% | 0.74% | $32.62 |
12/14/2017 | 12/14/2017 | $0.060 | 0.63% | 0.63% | $38.00 |
09/14/2017 | 09/14/2017 | $0.060 | 0.71% | 0.71% | $33.90 |
06/13/2017 | 06/13/2017 | $0.060 | 0.72% | 0.72% | $33.49 |
03/13/2017 | 03/13/2017 | $0.060 | 0.59% | 0.59% | $40.96 |
12/13/2016 | 12/13/2016 | $0.060 | 0.87% | 0.50% | $48.19 |
09/13/2016 | 09/13/2016 | $0.060 | 1.46% | 0.58% | $41.14 |
06/13/2016 | 06/13/2016 | $0.060 | 2.18% | 0.67% | $35.78 |
03/11/2016 | 03/11/2016 | $0.240 | 3.87% | 3.87% | $24.78 |
12/11/2015 | 12/11/2015 | $0.240 | 2.86% | 2.86% | $33.55 |
09/11/2015 | 09/11/2015 | $0.240 | 2.47% | 2.47% | $38.84 |
06/11/2015 | 06/11/2015 | $0.240 | 1.53% | 1.53% | $62.94 |
03/11/2015 | 03/11/2015 | $0.240 | 1.66% | 1.66% | $57.84 |
12/10/2014 | 12/10/2014 | $0.240 | 1.73% | 1.76% | $54.47 |
09/10/2014 | 09/10/2014 | $0.240 | 1.30% | 1.36% | $70.67 |
06/11/2014 | 06/11/2014 | $0.240 | 1.18% | 1.26% | $76.42 |
03/12/2014 | 03/12/2014 | $0.220 | 1.40% | 1.40% | $63.08 |
12/11/2013 | 12/11/2013 | $0.220 | 1.44% | 1.48% | $59.57 |
09/11/2013 | 09/11/2013 | $0.220 | 1.42% | 1.49% | $59.13 |
06/12/2013 | 06/12/2013 | $0.220 | 1.50% | 1.61% | $54.54 |
03/13/2013 | 03/13/2013 | $0.200 | 1.44% | 1.44% | $55.69 |
12/12/2012 | 12/12/2012 | $0.200 | 1.51% | 1.51% | $52.91 |
09/12/2012 | 09/12/2012 | $0.200 | 1.25% | 1.30% | $61.43 |
06/13/2012 | 06/13/2012 | $0.200 | 1.31% | 1.42% | $56.34 |
03/13/2012 | 03/13/2012 | $0.200 | 0.98% | 1.11% | $72.10 |
12/13/2011 | 12/13/2011 | $0.170 | 1.06% | 1.07% | $63.38 |
09/13/2011 | 09/13/2011 | $0.170 | 1.03% | 1.06% | $64.13 |
06/13/2011 | 06/13/2011 | $0.170 | 0.84% | 0.88% | $77.51 |
03/11/2011 | 03/11/2011 | $0.160 | 0.73% | 0.73% | $88.05 |
12/13/2010 | 12/13/2010 | $0.160 | 0.87% | 0.87% | $73.88 |
09/13/2010 | 09/13/2010 | $0.160 | 1.04% | 1.04% | $61.73 |
06/11/2010 | 06/11/2010 | $0.160 | 0.94% | 0.94% | $68.16 |
03/11/2010 | 03/11/2010 | $0.160 | 0.89% | 0.89% | $72.04 |
12/11/2009 | 12/11/2009 | $0.160 | 1.00% | 1.00% | $63.89 |
09/11/2009 | 09/11/2009 | $0.160 | 0.97% | 0.97% | $65.65 |
06/11/2009 | 06/11/2009 | $0.160 | 0.97% | 0.97% | $66.19 |
03/12/2009 | 03/12/2009 | $0.160 | 1.45% | 1.45% | $44.11 |
12/11/2008 | 12/11/2008 | $0.160 | 0.90% | 0.90% | $70.97 |
09/12/2008 | 09/12/2008 | $0.160 | 0.67% | 0.67% | $95.87 |
06/12/2008 | 06/12/2008 | $0.160 | 0.53% | 0.55% | $115.96 |
03/13/2008 | 03/13/2008 | $0.160 | 0.57% | 0.61% | $104.47 |
03/12/2008 | 03/12/2008 | $0.160 | 0.57% | 0.63% | $102.10 |
12/12/2007 | 12/12/2007 | $0.140 | 0.63% | 0.63% | $89.59 |
09/12/2007 | 09/12/2007 | $0.140 | 0.66% | 0.70% | $80.29 |
06/13/2007 | 06/13/2007 | $0.140 | 0.64% | 0.71% | $79.34 |
03/13/2007 | 03/13/2007 | $0.140 | 0.76% | 0.89% | $63.28 |
12/13/2006 | 12/13/2006 | $0.113 | 0.64% | 0.64% | $71.07 |
09/13/2006 | 09/13/2006 | $0.113 | 0.62% | 0.68% | $66.87 |
06/13/2006 | 06/13/2006 | $0.113 | 0.77% | 0.92% | $49.10 |
03/13/2006 | 03/13/2006 | $0.113 | 0.57% | 0.76% | $59.13 |
12/13/2005 | 12/13/2005 | $0.075 | 0.45% | 0.45% | $67.00 |
09/13/2005 | 09/13/2005 | $0.075 | 0.44% | 0.48% | $62.69 |
06/13/2005 | 06/13/2005 | $0.075 | 0.52% | 0.62% | $48.10 |
03/11/2005 | 03/11/2005 | $0.075 | 0.48% | 0.64% | $46.65 |
12/13/2004 | 12/13/2004 | $0.050 | 0.51% | 0.51% | $39.21 |
09/13/2004 | 09/13/2004 | $0.050 | 0.51% | 0.58% | $34.65 |
06/14/2004 | 06/14/2004 | $0.050 | 0.50% | 0.66% | $30.12 |
03/11/2004 | 03/11/2004 | $0.050 | 0.45% | 0.72% | $27.70 |
12/12/2003 | 12/12/2003 | $0.025 | 0.37% | 0.37% | $27.05 |
09/12/2003 | 09/12/2003 | $0.025 | 0.40% | 0.40% | $24.85 |
04/22/2003 | 04/22/2003 | $0.025 | 0.40% | 0.40% | $24.82 |
03/13/2003 | 03/13/2003 | $0.025 | 0.42% | 0.42% | $23.89 |
12/12/2002 | 12/12/2002 | $0.025 | 0.42% | 0.42% | $24.00 |
09/12/2002 | 09/12/2002 | $0.025 | 0.42% | 0.42% | $23.93 |
06/12/2002 | 06/12/2002 | $0.025 | 0.42% | 0.42% | $23.55 |
03/13/2002 | 03/13/2002 | $0.025 | 0.53% | 0.43% | $23.39 |
12/13/2001 | 12/13/2001 | $0.025 | 0.76% | 0.61% | $16.50 |
09/17/2001 | 09/17/2001 | $0.025 | 0.58% | 0.47% | $21.45 |
09/12/2001 | 09/12/2001 | $0.050 | 0.58% | 0.92% | $21.69 |
06/13/2001 | 06/13/2001 | $0.025 | 0.36% | 0.36% | $28.00 |
03/13/2001 | 03/13/2001 | $0.025 | 0.32% | 0.32% | $31.50 |
12/13/2000 | 12/13/2000 | $0.025 | 0.37% | 0.37% | $27.10 |
09/13/2000 | 09/13/2000 | $0.025 | 0.34% | 0.34% | $29.09 |
06/13/2000 | 06/13/2000 | $0.025 | 0.33% | 0.33% | $29.88 |
03/13/2000 | 03/13/2000 | $0.025 | 0.45% | 0.45% | $22.13 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
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.
Share Price
Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.
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.