Devon Energy DVN
NYSE DVN
$48.06 -0.74 (-1.52%)
At close: Sep 4, 2026 · 4:00 PM EDT

Devon Energy (DVN) Dividend Coverage Ratio (2009 - 2026)

Devon Energy's (DVN) quarterly Dividend Coverage Ratio came in at 4.49 in Q2 2026, up 3.68% year-over-year from 4.33 in Q2 2025, and up 447.55% quarter-over-quarter from 0.82 in Q1 2026.

Analysis

Devon Energy (DVN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has reported Dividend Coverage Ratio for 18 consecutive years, with 4.49 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Dividend Coverage Ratio rose 3.68% year-over-year to 4.49 in Q2 2026; TTM through Jun 2026 was 3.12, a 16.66% increase from a year earlier, with the FY2025 full-year figure at 2.79, up 20.72% from the prior year.
  • Dividend Coverage Ratio was 4.49 for Q2 2026 at Devon Energy, up from 0.82 in the prior quarter.
  • Over five years, Dividend Coverage Ratio peaked at 4.49 in Q2 2026 and troughed at 0.82 in Q1 2026.
  • A 5-year average of 2.22 and a median of 2.07 in 2022 frame the typical range for Dividend Coverage Ratio.
  • Across the five-year window, Dividend Coverage Ratio plunged 51.42% in 2023 and surged 173.2% in 2024, its largest moves.
  • Over 5 years, Dividend Coverage Ratio stood at 1.38 in 2022, then climbed by 29.12% to 1.78 in 2023, then jumped by 54.29% to 2.74 in 2024, then declined by 17.74% to 2.26 in 2025, then surged by 98.95% to 4.49 in 2026.
  • The last three Dividend Coverage Ratio figures came in at 4.49 (Q2 2026), 0.82 (Q1 2026), and 2.26 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Conocophillips 161.33 Bn 153.64 Bn 12.81 Bn 3.84
2 Canadian Natural Resources 104.99 Bn 103.10 Bn 8.84 Bn -3.69
3 Eog Resources 76.13 Bn 71.22 Bn - 5.04
4 Diamondback Energy 55.89 Bn 61.52 Bn 5.55 Bn 6.61
5 Devon Energy 52.87 Bn 51.86 Bn 6.02 Bn 4.49
6 Expand Energy 22.67 Bn 21.40 Bn 2.33 Bn 3.78
7 Permian Resources 19.56 Bn 19.30 Bn - 5.83
8 Ovintiv 17.91 Bn 17.03 Bn 2.83 Bn 5.43
9 Apa 14.98 Bn 15.46 Bn 2.28 Bn 8.49
10 Antero Resources 12.17 Bn 11.60 Bn 1.56 Bn 37.93
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.49
Mar 31, 2026 0.82
Dec 31, 2025 2.26
Sep 30, 2025 3.04
Jun 30, 2025 4.33
Mar 31, 2025 1.59
Dec 31, 2024 2.74
Sep 30, 2024 2.35
Jun 30, 2024 3.10
Mar 31, 2024 1.49
Dec 31, 2023 1.78
Sep 30, 2023 2.39
Jun 30, 2023 1.13
Mar 31, 2023 1.41
Dec 31, 2022 1.38
Sep 30, 2022 1.89
Jun 30, 2022 2.33
Mar 31, 2022 1.49
Dec 31, 2021 2.73
Sep 30, 2021 2.57