Devon Energy (NYSE: DVN) has a very attractive dividend yield at 6.4%. That compares favorably to energy industry giants like ExxonMobil, which has a yield of just 3.7%. The average energy stock, meanwhile, has a yield of around 3.5%, using the Vanguard Energy Index ETF as a proxy. You need to know more about Devon Energy and its dividend before you buy here.

Devon Energy is an onshore U.S. based energy producer. In other words, it drills for oil and natural gas in the continental United States, with exposure to five oil producing regions: the Williston Basin, Powder River Basin, Anadarko Basin, Eagle Ford, and Delaware Basin (which is in Texas, not Delaware).

There's no particular reason to be worried where the company operates and, in fact, being only in the United States reduces risk materially relative to a company with operations in foreign countries, given the political stability of this country.

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Source Fool.com