Devon Energy Announces Fourth Quarter Cash Dividend for Common Stockholders

Devon Energy Announces Fourth Quarter Cash Dividend for Common Stockholders

OKLAHOMA CITY--(BUSINESS WIRE)-- Devon Energy Corporation (NYS: DVN) today announced that its board of directors declared a quarterly cash dividend on Devon's common stock for the fourth quarter of 2013. The dividend is payable on December 31, 2013 at a rate of $0.22 per share based on a record date of December 13, 2013.

Devon has paid quarterly dividends continuously since 1993 and has increased its dividend at an average annual rate of 24% since 2004. The current annual rate is $0.88 per share.


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 more information about Devon, please visit our website at www.devonenergy.com.



Devon Energy Corporation
Investor Contacts
Scott Coody, 405-552-4735
or
Shea Snyder, 405-552-4782
or
Media Contact
Chip Minty, 405-228-8647

KEYWORDS:   United States  North America  Oklahoma

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