Cenovus Energy Dividends and Buybacks
Dividend criteria checks 3/6
Cenovus Energy is a dividend paying company with a current yield of 3.69% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
3.7%
Dividend yield
4.0%
Buyback Yield
| Total Shareholder Yield | 7.7% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | -5.4% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$0.815 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet
Nov 26
Investors Continue Waiting On Sidelines For Cenovus Energy Inc. (TSE:CVE)
Oct 21Is Now The Time To Put Cenovus Energy (TSE:CVE) On Your Watchlist?
Oct 05Is Cenovus Energy (TSE:CVE) A Risky Investment?
Aug 19Cenovus Energy Inc. (TSE:CVE) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 20Market Cool On Cenovus Energy Inc.'s (TSE:CVE) Earnings
Jul 04Is Cenovus Energy (TSE:CVE) Using Too Much Debt?
Apr 14Is Cenovus Energy Inc. (TSE:CVE) Trading At A 50% Discount?
Mar 05Take Care Before Diving Into The Deep End On Cenovus Energy Inc. (TSE:CVE)
Jan 26Here's Why Cenovus Energy (TSE:CVE) Can Manage Its Debt Responsibly
Jan 05Are Investors Undervaluing Cenovus Energy Inc. (TSE:CVE) By 35%?
Nov 06These 4 Measures Indicate That Cenovus Energy (TSE:CVE) Is Using Debt Reasonably Well
Sep 30Here's Why Cenovus Energy (TSE:CVE) Has Caught The Eye Of Investors
May 01A Look At The Intrinsic Value Of Cenovus Energy Inc. (TSE:CVE)
Mar 16Cenovus Energy (TSE:CVE) Seems To Use Debt Rather Sparingly
Feb 13Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CVE's dividend payments have been volatile in the past 10 years.
Growing Dividend: CVE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Cenovus Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVE) | 3.7% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.4% |
| Analyst forecast (CVE) (up to 3 years) | 3.7% |
Notable Dividend: CVE's dividend (3.69%) is higher than the bottom 25% of dividend payers in the Canadian market (1.74%).
High Dividend: CVE's dividend (3.69%) is low compared to the top 25% of dividend payers in the Canadian market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), CVE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.3%), CVE's dividend payments are well covered by cash flows.