OKLAHOMA CITY--(BUSINESS WIRE)--
Devon Energy Corp. (NYSE: DVN) today announced that its board of
directors declared a quarterly cash dividend on Devon’s common stock for
the first quarter of 2016. The dividend is payable on March 31, 2016, at
a rate of $0.24 per share based on a record date of March 15, 2016.
Devon Energy is a leading independent energy company engaged in finding
and producing oil and natural gas. Based in Oklahoma City and included
in the S&P 500, Devon operates in several of the most prolific oil and
natural gas plays in the U.S. and Canada with an emphasis on a balanced
portfolio. The company is the second-largest oil producer among North
American onshore independents. For more information, please visit www.devonenergy.com.

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Source: Devon Energy Corp.