Devon Energy Announces Second Quarter Cash Dividend for Common Stockholders

OKLAHOMA CITY, March 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 second quarter of 2010. The dividend is payable on June 30, 2010 at a rate of $0.16 per share based on a record date of June 15, 2010.

Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is a leading U.S.-based independent oil and gas producer and is included in the S&P 500 Index. For more information about Devon, please visit our website at www.devonenergy.com.

SOURCE Devon Energy Corporation

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