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Devon Energy's Ultra-High Dividend Yield Just Became Even Juicier. Here's Why.

TheMotleyFool

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Devon Energy's Ultra-High Dividend Yield Just Became Even Juicier. Here's Why.: https://g.foolcdn.com/editorial/images/754311/devon-energy-chart-11-7-23.png

Devon Energy (NYSE: DVN) stock has tumbled quite a bit so far in 2023. Putting that performance aside, however, it's been an income investor's dream over the last three years. The stock is up more than 4.5x during the period. Devon's dividend payout ranked as one of the best in the S 500.

Income investors now have more to like: Devon Energy's ultra-high dividend yield just became even juicier. Here's why.

Devon released its third-quarter results after the market close on Nov. 7. The chart provides a visual picture of the company's latest earnings numbers.

Source Fool.com

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