March 7, 2018 / 9:27 PM / 5 months ago

BRIEF-Devon Energy Increases Cash Dividend

March 7 (Reuters) - Devon Energy Corp:

* DEVON ENERGY INCREASES CASH DIVIDEND 33 PERCENT, ANNOUNCES $1.0 BILLION SHARE-REPURCHASE PROGRAM AND PROGRESSES DEBT REDUCTION PLAN

* DEVON ENERGY CORP - NEW QUARTERLY DIVIDEND RATE WILL BE $0.08 PER SHARE

* DEVON ENERGY CORP - BOARD OF DIRECTORS AUTHORIZED A $1.0 BILLION SHARE-REPURCHASE PROGRAM OF COMPANY’S COMMON STOCK Source text for Eikon: Further company coverage:

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