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Devon Energy attracts passive income investors with its variable dividend policy.
Fool.com contributor Parkev Tatevosian explains the extra layer of diversification added to investor portfolios when they own Devon Energy (DVN -1.95%) stock.
*Stock prices used were the afternoon prices of Nov. 9, 2023. The video was published on Nov. 11, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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