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Devon Energy Increases Dividend
source: admin 2007-3-10 00:15:30
OKLAHOMA CITY (AP) -- Devon Energy Corp., an independent gas and oil exploration company, said Wednesday it raised its quarterly dividend 25 percent.
The dividend, which rose to 14 cents from 11.25 cents, is payable March 30 to shareholders of record as of March 15.
Shares of Devon added 71 cents to close at $65.24 on the New York Stock Exchange.
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