Cenovus Energy Dividend
Dividend criteria checks 3/6
Cenovus Energy is a dividend paying company with a current yield of 2.29% that is well covered by earnings.
Key information
2.3%
Dividend yield
24%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.525 |
| Earnings per share | CA$2.56 |
| Dividend yield forecast | 3.5% |
Recent dividend updates
Recent updates
Is Cenovus Energy (TSE:CVE) A Risky Investment?
Aug 19
Cenovus 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 13Cenovus Energy (TSE:CVE) Has A Pretty Healthy Balance Sheet
Oct 11Stability 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) | 2.3% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 5.8% |
| Industry Average (Oil and Gas) | 4.7% |
| Analyst forecast (CVE) (up to 3 years) | 3.5% |
Notable Dividend: CVE's dividend (2.29%) is higher than the bottom 25% of dividend payers in the Canadian market (1.74%).
High Dividend: CVE's dividend (2.29%) is low compared to the top 25% of dividend payers in the Canadian market (5.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.7%), CVE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.2%), CVE's dividend payments are well covered by cash flows.