Cenovus Energy Dividend

Dividend criteria checks 3/6

Cenovus Energy is a dividend paying company with a current yield of 1.86% that is well covered by earnings.

Key information

1.9%

Dividend yield

21%

Payout ratio

Industry average yield4.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$2.47
Dividend yield forecast in 3Y2.7%

Recent dividend updates

Recent updates

Cenovus Energy: My Top Pick Among Canadian Majors

Apr 10

Cenovus Energy: Possibly One Of The Most Undervalued Energy Stocks

Feb 18

Cenovus Energy: The Waiting Is The Hardest Part

Nov 16

Canada's Best - Cenovus Is A Significantly Undervalued Buyback Powerhouse

Nov 06

Cenovus Energy Inc: Not Getting A Lot Of Value Here

Oct 05

Cenovus Energy: This Variable Can Turbocharge The E&P Rally

Sep 15

Cenovus Energy: Massive Buybacks And Dividends Are Around The Corner

Aug 31

Chevron Is Better Than Cenovus

Aug 23

Cenovus Energy: Still Growing

Jul 24

Cenovus Energy: Preferred Shares Look Incredibly Attractive

Jul 14

Cenovus Energy: Investor Patience Could Be Rewarded Toward Year End

Jun 06

Cenovus: What To Expect From Oil Sands Producer's Q4

Feb 14

Cenovus Energy: Integration Continues

Jan 22

The Trans Mountain Pipeline Expansion Will Benefit Cenovus

Jan 17

Cenovus Energy goes ex-dividend tomorrow

Dec 13

Cenovus Energy: Buy For The Income And Stay For The Growth

Nov 11

Cenovus Energy GAAP EPS of C$0.81 misses by C$0.04, revenue of C$20.09B

Nov 02

Cenovus Energy: Don't Buy The Dip Until You See Analysts Panicking

Sep 29

Cenovus Energy goes ex-dividend tomorrow

Sep 13

Cenovus Energy: Growth Strategy Still In Place

Aug 29

Cenovus Energy: Prepare For The Cash Flood

Aug 09

Cenovus Energy GAAP EPS of C$1.19 beats by C$0.32, revenue of $19.2B beats by C$1.74B

Jul 28

Vltava Fund - Cenovus Energy: High-Quality And Low-Cost Assets

Jul 07

Cenovus: Buy The Dip

Jun 27

Cenovus Energy: Finally Mr. Market Responds

Jun 17

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
How does CVE dividend yield compare to the market?
SegmentDividend Yield
Company (CVE)1.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Oil and Gas)4.0%
Analyst forecast in 3 Years (CVE)2.7%

Notable Dividend: CVE's dividend (1.86%) is higher than the bottom 25% of dividend payers in the US market (1.55%).

High Dividend: CVE's dividend (1.86%) is low compared to the top 25% of dividend payers in the US market (4.77%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.5%), CVE's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.2%), CVE's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.