Canadian Natural Resources Dividends and Buybacks
Dividend criteria checks 6/6
Canadian Natural Resources is a dividend paying company with a current yield of 4.31% 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
4.3%
Dividend yield
3.2%
Buyback Yield
| Total Shareholder Yield | 7.5% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | 6.5% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$2.100 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Canadian Natural Resources Q3: Another Solid Quarter
Nov 08Top Pick Alert: Why I Just Became Even More Bullish On Canadian Natural Resources
Oct 31Canadian Natural Resources Is Growing Its Assets
Oct 19New Acquisition Makes Canadian Natural Resources A Very Comfortable Hold
Oct 09Why Canadian Natural Resources Is A Dividend Goldmine
Sep 0610% Return Yield At $80 WTI: Why Canadian Natural Remains My Favorite Oil Stock
Aug 02Canadian Natural Resources: One Of The Best Oil And Gas Yields
Jul 17Canadian Natural Resources Advantage: Low Breakeven Costs, High Reserves, And Strong Shareholder Returns
Jun 26Canadian Natural Resources: Rising Premium To Peer Group Points To Lower Relative Performance
Jun 12Canadian Natural Resources: My Top Pick For North American Oil And Gas
May 02Canadian Natural Resources: Expect Huge Shareholder Returns
Apr 06Canadian Natural Resources: Fully Priced, Good Time To Consider Switching
Mar 22Canadian Natural: Solid Performance, But Valuation Remains A Headwind
Feb 07A 12% Distribution Yield At $80 WTI Is Why I Sold Exxon To Buy Canadian Natural Resources
Jan 12Canadian Natural Resources: Dividend Increases And Share Buybacks Holding Up Valuation Despite Deteriorating Fundamentals
Jan 04Canadian Natural Resources: 2024, The Year Of The Shareholder
Nov 11>16% Yield Potential - Why I Believe Canadian Natural Is The Best Oil Stock Money Can Buy
Nov 0418% Yield Potential At $100 Oil: Why Canadian Natural Is My Favorite Oil Play
Sep 25Canadian Natural Resources Is One Of The Best Oil Stocks Money Can Buy
Aug 04Canadian Natural Resources: My Only Dividend Growth Investment
Jul 18Canadian Natural Resources: Looking To Add More Stock To My Portfolio
Jun 28Canadian Natural Resources: One Of The Best In The Industry
Jun 14Canadian Natural Resources: One Of The Safest Ways To Play Oil
Feb 09Canadian Natural Resources: 2023 Dividend Yield 5%, Together With Large Margin Of Safety
Jan 12Canadian Natural Resources: A Changing Story You Need To Know
Dec 14Canadian Natural Resources raises dividend by ~13% to CAD 0.85/share
Nov 03Canadian Natural Resources: Don't Buy Here And Risk Getting Trapped
Oct 25Canadian Natural Resources: "OPEC+ Put" Ensures Prolonged Dividend Growth
Oct 05Canadian Natural Resources: 2023 Total Yield Will Be Even Better
Sep 12Canadian Natural Resources: A New Golden Era For Dividends
Aug 26Canadian Natural Resources: Oil Price Pullback Is A Buying Opportunity
Aug 04Buy The Canadian E&P Majors Now For Their Future Income Potential
Jul 21Upcoming 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) | 4.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.7% |
| Analyst forecast (CNQ) (up to 3 years) | 4.8% |
Notable Dividend: CNQ's dividend (4.31%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CNQ's dividend (4.31%) is in the top 25% of dividend payers in the US market (4.21%)
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.