Canadian Natural Resources Limited

NYSE:CNQ Stock Report

Market Cap: US$83.6b

Canadian Natural Resources Dividend

Dividend criteria checks 5/6

Canadian Natural Resources is a dividend paying company with a current yield of 3.93% that is well covered by earnings.

Key information

3.9%

Dividend yield

49%

Payout ratio

Industry average yield3.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$7.68
Dividend yield forecast in 3Y4.4%

Recent dividend updates

Recent updates

Canadian Natural Resources: Expect Huge Shareholder Returns

Apr 06

Canadian Natural Resources: Fully Priced, Good Time To Consider Switching

Mar 22

Canadian Natural: Solid Performance, But Valuation Remains A Headwind

Feb 07

A 12% Distribution Yield At $80 WTI Is Why I Sold Exxon To Buy Canadian Natural Resources

Jan 12

Canadian Natural Resources: Dividend Increases And Share Buybacks Holding Up Valuation Despite Deteriorating Fundamentals

Jan 04

Canadian 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 04

18% Yield Potential At $100 Oil: Why Canadian Natural Is My Favorite Oil Play

Sep 25

Canadian Natural Resources Is One Of The Best Oil Stocks Money Can Buy

Aug 04

Canadian Natural Resources: My Only Dividend Growth Investment

Jul 18

Canadian Natural Resources: Looking To Add More Stock To My Portfolio

Jun 28

Canadian Natural Resources: One Of The Best In The Industry

Jun 14

Canadian Natural Resources: One Of The Safest Ways To Play Oil

Feb 09

Canadian Natural Resources: 2023 Dividend Yield 5%, Together With Large Margin Of Safety

Jan 12

Canadian Natural Resources: A Changing Story You Need To Know

Dec 14

Canadian Natural Resources raises dividend by ~13% to CAD 0.85/share

Nov 03

Canadian Natural Resources: Don't Buy Here And Risk Getting Trapped

Oct 25

Canadian Natural Resources: "OPEC+ Put" Ensures Prolonged Dividend Growth

Oct 05

Canadian Natural Resources: 2023 Total Yield Will Be Even Better

Sep 12

Canadian Natural Resources: A New Golden Era For Dividends

Aug 26

Canadian Natural Resources: Oil Price Pullback Is A Buying Opportunity

Aug 04

Buy The Canadian E&P Majors Now For Their Future Income Potential

Jul 21

Canadian Natural Resources: Collect Your Combined Yield Of 10.6%

Jun 24

Canadian Natural Resources: Still Room For Market-Beating Returns

May 12

Canadian Natural Resources: 2022 - The Year Of The Shareholder

Apr 05

Best Oil Stocks To Buy As Crude Prices Jump - Our Favorite Is CNQ

Mar 25

Canadian Natural Resources: Biggest Dividend Increase In History, Plenty More Coming

Mar 04

Canadian Natural Resources: A Dip Is Coming. Buy It

Feb 07

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)3.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Oil and Gas)3.9%
Analyst forecast in 3 Years (CNQ)4.4%

Notable Dividend: CNQ's dividend (3.93%) is higher than the bottom 25% of dividend payers in the US market (1.55%).

High Dividend: CNQ's dividend (3.93%) is low compared to the top 25% of dividend payers in the US market (4.78%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49%), CNQ's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (60.5%), CNQ's dividend payments are covered by cash flows.


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