Cenovus Energy Dividends and Buybacks
Dividend criteria checks 3/6
Cenovus Energy is a dividend paying company with a current yield of 3.6% 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
3.6%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 7.5% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | -5.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$0.585 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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) | 3.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (CNVE.F) (up to 3 years) | 3.6% |
Notable Dividend: CNVE.F's dividend (3.6%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: CNVE.F's dividend (3.6%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), CNVE.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.3%), CNVE.F's dividend payments are well covered by cash flows.