OKLAHOMA CITY, Dec. 4 /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 2006. The dividend is payable on December 29, 2006, at a rate of
11.25 cents per share based on a record date of December 15, 2006.
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 29, 2006. The
record date for the dividend is December 15, 2006.
Devon Energy Corporation is an Oklahoma City-based independent energy
company engaged in oil and gas exploration, production and property
acquisitions. 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, Brian Engel, +1-405-228-7750, both of Devon Energy
Corporation
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