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Canadian Natural Resources (CNQ) Dividend Yield, Date & History

Canadian Natural Resources logo
$30.85 -0.62 (-1.97%)
(As of 12/16/2024 ET)

Canadian Natural Resources Dividend Summary

Dividend Yield
5.38%
Annual Dividend
$1.66
Next
Dividend Payment
Jan. 3
Annualized 3-Year
Dividend Growth
29.59%
Dividend Payout Ratio
64.59%

Canadian Natural Resources (CNQ) pays an annual dividend of $1.66 per share, with a dividend yield of 5.38%. The next quarterly payment of $0.3880 per share is scheduled for Friday, January 3, to investors who owned the stock before the ex-dividend date of Friday, December 13. The company currently pays out 64.59% of its earnings and 33.90% of its cash flow as dividends.

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CNQ Dividend Payments by Quarter

The chart below displays up to four years of Canadian Natural Resources' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CNQ Dividend Yield Over Time

The chart below tracks Canadian Natural Resources' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Canadian Natural Resources vs. The Competition

Compare Canadian Natural Resources' annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeCanadian Natural ResourcesEnergy CompaniesNYSE Companies
Annual Dividend$1.66$0.01$1.46
Dividend Yield5.38%11.42%3.50%
Annualized 3-Year Dividend Growth29.59%25.09%15.58%

Canadian Natural Resources Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings64.59%
Based on This Year's Estimate67.21%
Based on Next Year's Estimate71.24%
Based on Cashflow33.90%

Canadian Natural Resources Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/4/2024Quarterly$0.3880+$0.0040
1.04%
4.25%12/13/202412/13/20241/3/2025
8/1/2024Quarterly$0.3840-$0.3930
50.58%
4.39%9/13/20249/13/202410/4/2024
5/2/2024Quarterly$0.7770+$0.39
100.78%
4.15%6/17/20246/17/20247/5/2024
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And if you’d like to get your hands on this, here you go, the complete breakdown.
3/1/2024quarterly$0.3870+$0.0269
7.46%
4%3/14/20243/15/20244/5/2024
11/2/2023quarterly$0.3602+$0.0230
6.81%
4%12/7/202312/8/20231/5/2024
8/2/2023quarterly$0.3372+$0.0052
1.57%
4.5%9/14/20239/15/202310/5/2023
5/4/2023Quarterly$0.3320-$0.0060
1.78%
4.85%6/15/20236/16/20237/5/2023
3/2/2023Quarterly$0.3380+$0.0262
8.39%
4.59%3/16/20233/17/20234/5/2023

This table shows Canadian Natural Resources' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Canadian Natural Resources Dividend - Frequently Asked Questions

The current dividend yield for Canadian Natural Resources is 5.38%. Learn more on CNQ's dividend yield history.

The annual dividend for CNQ shares is $1.66. Learn more on CNQ's annual dividend history.

Canadian Natural Resources pays quarterly dividends to shareholders.

Canadian Natural Resources's next quarterly dividend payment of $0.3880 per share will be made to shareholders on Friday, January 3, 2025.

Canadian Natural Resources's most recent quarterly dividend payment of $0.3840 per share was made to shareholders on Friday, October 4, 2024.

Canadian Natural Resources's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 29.59% per year.

The most recent change in the company's dividend was an increase of $0.0040 on Friday, October 4, 2024.

The dividend payout ratio for CNQ is:
  • 64.59% based on the trailing year of earnings
  • 67.21% based on this year's estimates
  • 71.24% based on next year's estimates
  • 33.90% based on cash flow

Canadian Natural Resources' dividend yield of 4.91% is lower than the average Oils/Energy company that issues a dividend. Canadian Natural Resources' dividend payout ratio of 64.59% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Canadian Natural Resources stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:CNQ) was last updated on 12/17/2024 by MarketBeat.com Staff
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