The board of directors for Devon Energy Corp. (NYSE: DVN) declared a quarterly cash dividend on Devon’s common stock for 4Q 2013.
The dividend is payable on Dec. 31 at a rate of $0.22 per share based on a record date of Dec. 13.
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 Corp. is an independent energy company engaged primarily in exploration, development, and production of ...