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
Scott Coody, 405-552-4735
Shea Snyder, 405-552-4782
Chip Minty, 405-228-8647
KEYWORDS: United States North America Oklahoma
The article Devon Energy Announces Fourth Quarter Cash Dividend for Common Stockholders originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.