Canadian Natural Resources Dividend
Dividend criteria checks 5/6
Canadian Natural Resources is a dividend paying company with a current yield of 4% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 17th June, 2024.
Key information
4.0%
Dividend yield
56%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | 05 Jul 24 |
| Ex dividend date | 17 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CA$6.95 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Recent updates
Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next
May 04
Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon
Apr 05Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05
Mar 05Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Mar 02Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 44% Below Their Intrinsic Value Estimate
Feb 25We Like These Underlying Return On Capital Trends At Canadian Natural Resources (TSE:CNQ)
Feb 11Potential Upside For Canadian Natural Resources Limited (TSE:CNQ) Not Without Risk
Dec 18We Think Canadian Natural Resources (TSE:CNQ) Can Stay On Top Of Its Debt
Dec 04Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 34% Below Their Intrinsic Value Estimate
Nov 20Broker Revenue Forecasts For Canadian Natural Resources Limited (TSE:CNQ) Are Surging Higher
Nov 07The Return Trends At Canadian Natural Resources (TSE:CNQ) Look Promising
Sep 11Is Canadian Natural Resources (TSE:CNQ) Using Too Much Debt?
Aug 27Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 30% Undervaluation?
Aug 06Is Canadian Natural Resources (TSE:CNQ) A Risky Investment?
May 28Canadian Natural Resources (TSE:CNQ) Is Doing The Right Things To Multiply Its Share Price
May 14We Ran A Stock Scan For Earnings Growth And Canadian Natural Resources (TSE:CNQ) Passed With Ease
Apr 04These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Safely
Feb 27Shareholders Would Enjoy A Repeat Of Canadian Natural Resources' (TSE:CNQ) Recent Growth In Returns
Feb 11Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 33% Undervaluation?
Jan 05If EPS Growth Is Important To You, Canadian Natural Resources (TSE:CNQ) Presents An Opportunity
Dec 24Canadian Natural Resources (TSE:CNQ) Is Increasing Its Dividend To CA$0.85
Nov 30Is Canadian Natural Resources (TSE:CNQ) Using Too Much Debt?
Nov 28Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$0.85
Nov 16Why We Like The Returns At Canadian Natural Resources (TSE:CNQ)
Oct 09Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 43% Undervaluation?
Sep 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNQ's dividends per share have been stable in the past 10 years.
Growing Dividend: CNQ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Canadian Natural Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CNQ) | 4.0% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Oil and Gas) | 4.7% |
| Analyst forecast in 3 Years (CNQ) | 4.4% |
Notable Dividend: CNQ's dividend (4%) is higher than the bottom 25% of dividend payers in the Canadian market (1.89%).
High Dividend: CNQ's dividend (4%) is low compared to the top 25% of dividend payers in the Canadian market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.2%), CNQ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49%), CNQ's dividend payments are well covered by cash flows.