Canadian Natural Resources Limited

TSX:CNQ Stock Report

Market Cap: CA$94.5b

Canadian Natural Resources Dividends and Buybacks

Dividend criteria checks 5/6

Canadian Natural Resources is a dividend paying company with a current yield of 4.69% 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

4.7%

Dividend yield

3.5%

Buyback Yield

Total Shareholder Yield8.2%
Future Dividend Yield5.2%
Dividend Growth6.6%
Next dividend pay date03 Jan 25
Ex dividend date13 Dec 24
Dividend per shareCA$2.100
Payout ratio58%

Recent dividend and buyback updates

Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Mar 05
Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Recent updates

These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Reasonably Well

Nov 29
These 4 Measures Indicate That Canadian Natural Resources (TSE:CNQ) Is Using Debt Reasonably Well

Returns On Capital Are Showing Encouraging Signs At Canadian Natural Resources (TSE:CNQ)

Nov 12
Returns On Capital Are Showing Encouraging Signs At Canadian Natural Resources (TSE:CNQ)

Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?

Aug 24
Is There An Opportunity With Canadian Natural Resources Limited's (TSE:CNQ) 37% Undervaluation?

Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

May 04
Canadian Natural Resources Limited Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Apr 05
Canadian Natural Resources Limited's (TSE:CNQ) Shares May Have Run Too Fast Too Soon

Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Mar 05
Canadian Natural Resources' (TSE:CNQ) Dividend Will Be Increased To CA$1.05

Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Mar 02
Canadian Natural Resources Limited (TSE:CNQ) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 44% Below Their Intrinsic Value Estimate

Feb 25
Canadian Natural Resources Limited (TSE:CNQ) Shares Could Be 44% Below Their Intrinsic Value Estimate

We Like These Underlying Return On Capital Trends At Canadian Natural Resources (TSE:CNQ)

Feb 11
We Like These Underlying Return On Capital Trends At Canadian Natural Resources (TSE:CNQ)

Potential Upside For Canadian Natural Resources Limited (TSE:CNQ) Not Without Risk

Dec 18
Potential Upside For Canadian Natural Resources Limited (TSE:CNQ) Not Without Risk

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
How does CNQ dividend yield compare to the market?
SegmentDividend Yield
Company (CNQ)4.7%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.3%
Industry Average (Oil and Gas)4.7%
Analyst forecast (CNQ) (up to 3 years)5.2%

Notable Dividend: CNQ's dividend (4.69%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).

High Dividend: CNQ's dividend (4.69%) is low compared to the top 25% of dividend payers in the Canadian market (6.29%).


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 (45.6%), CNQ's dividend payments are well covered by cash flows.


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