OKLAHOMA CITY, June 1 /CNW/ -- Devon Energy Corporation (NYSE: DVN) today
announced that its board of directors declared a quarterly cash dividend on
Devon's common stock for the second quarter of 2007. The dividend is payable
on June 29, 2007, at a rate of $0.14 cents per share based on a record date of
June 15, 2007.
Devon also announced that its board of directors declared a quarterly
cash dividend on its 6.49 percent cumulative preferred stock, series A. The
dividend rate is $1.6225 per share and is payable on June 29, 2007. The record
date for the dividend is June 15, 2007.
Devon Energy Corporation is an Oklahoma City-based independent energy
company engaged in oil and gas exploration and production. Devon is one of the
world's leading independent oil and gas producers and is included in the S&P
500 Index. For additional information, visit http://www.devonenergy.com.
For further information:
For further information: media, Chip Minty, +1-405-228-8647, or
investors, Vince White, +1-405-552-4505, both of Devon Energy Corporation Web