Canadian Natural Resources Dividend
Dividend criteria checks 5/6
Canadian Natural Resources is a dividend paying company with a current yield of 4.27% that is well covered by earnings. Next payment date is on 4th October, 2024 with an ex-dividend date of 13th September, 2024.
Key information
4.2%
Dividend yield
56%
Payout ratio
Industry average yield | 4.6% |
Next dividend pay date | 04 Oct 24 |
Ex dividend date | 13 Sep 24 |
Dividend per share | CA$2.100 |
Earnings per share | CA$3.61 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Is 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 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 09Upcoming 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) | 4.2% |
Market Bottom 25% (CA) | 1.8% |
Market Top 25% (CA) | 6.1% |
Industry Average (Oil and Gas) | 4.6% |
Analyst forecast in 3 Years (CNQ) | 4.5% |
Notable Dividend: CNQ's dividend (4.27%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: CNQ's dividend (4.27%) is low compared to the top 25% of dividend payers in the Canadian market (6.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.1%), CNQ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.7%), CNQ's dividend payments are well covered by cash flows.