OKLAHOMA CITY, Dec. 3 /PRNewswire-FirstCall/ -- Devon Energy
Corporation (NYSE: DVN) today announced that its board of directors
declared a quarterly cash dividend on Devon's common stock for the fourth
quarter of 2007. The dividend is payable on December 28, 2007, at a rate of
$0.14 per share based on a record date of December 14, 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 December 28, 2007. The
record date for the dividend is December 14, 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.
SOURCE Devon Energy Corporation
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Related links:
http://www.devonenergy.com
http://www.prnewswire.com/comp/118040.html /
CONTACT:
Investors, Zack Hager, +1-405-552-4526, or
Media, Chip Minty, +1-405-228-8647, both of Devon Energy
Corporation
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