Sep. 16, 2009 (PR Newswire) --

OKLAHOMA CITY, Sept. 16 /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 2009. The dividend is payable on December 31, 2009, at a rate of $0.16 per share based on a record date of December 15, 2009.

Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is the largest 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