Cenovus Energy Dividends and Buybacks
Dividend criteria checks 3/6
Cenovus Energy is a dividend paying company with a current yield of 3.7% 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 | US$0.815 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Cash-Flow Gusher: Why Cenovus Remains One Of My Favorite Energy Plays
Nov 01Cenovus Energy: A Cash Flow Monster
Sep 04Cenovus Energy: Net Debt Target Bullseye So Here Comes The Cash
Aug 02The Negativity Toward Cenovus Energy Is Overdone
Jun 12Cenovus Energy: 29% Dividend Hike Is Just The Beginning
Jun 05Cash Flow Gusher: How Cenovus Energy Can Shower You With Dividends
May 12Cenovus Energy: My Top Pick Among Canadian Majors
Apr 10Cenovus Energy: Possibly One Of The Most Undervalued Energy Stocks
Feb 18Cenovus Energy: The Waiting Is The Hardest Part
Nov 16Canada's Best - Cenovus Is A Significantly Undervalued Buyback Powerhouse
Nov 06Cenovus Energy Inc: Not Getting A Lot Of Value Here
Oct 05Cenovus Energy: This Variable Can Turbocharge The E&P Rally
Sep 15Cenovus Energy: Massive Buybacks And Dividends Are Around The Corner
Aug 31Chevron Is Better Than Cenovus
Aug 23Cenovus Energy: Still Growing
Jul 24Cenovus Energy: Preferred Shares Look Incredibly Attractive
Jul 14Cenovus Energy: Investor Patience Could Be Rewarded Toward Year End
Jun 06Cenovus: What To Expect From Oil Sands Producer's Q4
Feb 14Cenovus Energy: Integration Continues
Jan 22The Trans Mountain Pipeline Expansion Will Benefit Cenovus
Jan 17Cenovus Energy goes ex-dividend tomorrow
Dec 13Cenovus Energy: Buy For The Income And Stay For The Growth
Nov 11Upcoming 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% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (CVE) (up to 3 years) | 3.7% |
Notable Dividend: CVE's dividend (3.7%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: CVE's dividend (3.7%) is low compared to the top 25% of dividend payers in the US market (4.35%).
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.