Canadian Natural Resources Dividends and Buybacks
Dividend criteria checks 5/6
Canadian Natural Resources is a dividend paying company with a current yield of 4.94% that is well covered by earnings. Next payment date is on 3rd January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
4.9%
Dividend yield
3.6%
Buyback Yield
| Total Shareholder Yield | 8.6% |
| Future Dividend Yield | 5.5% |
| Dividend Growth | 6.6% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$2.100 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Reasonably Well
Nov 29
Returns On Capital Are Showing Encouraging Signs At Canadian Natural Resources (TSE:CNQ)
Nov 12Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?
Aug 24Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next
May 04Canadian 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 11Stability 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) | 4.9% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.9% |
| Analyst forecast (CNQ) (up to 3 years) | 5.5% |
Notable Dividend: CNQ's dividend (4.94%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: CNQ's dividend (4.94%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.4%), CNQ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.2%), CNQ's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 04:59 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Canadian Natural Resources Limited is covered by 55 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harshit Gupta | Accountability Research Corporation |
| Patrick O'Rourke | ATB Capital Markets |
| Thomas Driscoll | Barclays |