Cenovus Energy Dividend
Dividend criteria checks 3/6
Cenovus Energy is a dividend paying company with a current yield of 1.81% that is well covered by earnings.
Key information
1.8%
Dividend yield
24%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.18 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNVE.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CNVE.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Cenovus Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CNVE.F) | 1.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (CNVE.F) | 2.3% |
Notable Dividend: CNVE.F's dividend (1.81%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: CNVE.F's dividend (1.81%) is low compared to the top 25% of dividend payers in the US market (4.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.4%), CNVE.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), CNVE.F's dividend payments are well covered by cash flows.