Devon Energy (DVN) Misses Q4 EPS by 2c

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Go back to Devon Energy (DVN) Misses Q4 EPS by 2c

Devon Energy Announces Industry-First Variable Cash Dividend for Common Stockholders

February 16, 2021 4:05 PM EST

KEY MESSAGES

Board declares $0.19 per share variable cash dividend based on fourth-quarter resultsVariable dividend is in addition to previously declared fixed quarterly dividend of $0.11 per shareBoth fixed and variable dividends are payable on Mar. 31, 2021

OKLAHOMA CITY, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a $128 million variable cash dividend in the amount of $0.19 per share based on the companys pro forma fourth-quarter 2020 financial results. The variable dividend... More