FAQs
Canadian Natural Resources Ltd (NYSE:CNQ) recently announced a dividend of $1.05 per share, payable on 2024-04-05, with the ex-dividend date set for 2024-03-14. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates.
How often does Canadian Natural Resources pay dividends? ›
Canadian Natural Resources Dividend Information
Canadian Natural Resources has an annual dividend of $3.11 per share, with a forward yield of 3.77%. The dividend is paid every three months and the last ex-dividend date was Mar 14, 2024.
Is Canadian Natural Resources a good stock to buy? ›
Based on 15 Wall Street analysts offering 12 month price targets for Canadian Natural in the last 3 months. The average price target is C$104.21 with a high forecast of C$119.21 and a low forecast of C$85.43. The average price target represents a -4.43% change from the last price of C$109.04.
What is the payout ratio for Canadian Natural Resources? ›
During the past 13 years, the highest Dividend Payout Ratio of Canadian Natural Resources was 3.83. The lowest was 0.26. And the median was 0.48. As of today (2024-04-02), the Dividend Yield % of Canadian Natural Resources is 3.66%.
Is BCE dividend sustainable? ›
Summary. BCE, a Canadian telecom giant, is projected to pay out more in dividends than it earns in 2024. The company's dividend is at risk of being cut due to its unsustainable payout ratio.
What Canadian dividends are eligible? ›
An eligible dividend is any taxable dividend paid to a resident of Canada by a Canadian corporation that is designated by that corporation to be an eligible dividend. A corporation's capacity to pay eligible dividends depends mostly on its status.
How long do you have to hold a stock to get the dividend in Canada? ›
As noted above, a company sets a record date when investors must be “on the books” as a shareholder to receive dividends. The ex-dividend date typically precedes the record date by two business days. If you buy stocks one day or more before the ex-dividend date, you're eligible to receive the dividend.
What is the outlook for Canadian natural resources? ›
Canadian Natural Resources is forecast to grow earnings and revenue by 2.7% and 1.2% per annum respectively. EPS is expected to grow by 6.4% per annum. Return on equity is forecast to be 22% in 3 years.
What is the dividend payout ratio for CNQ? ›
TSE:CNQ's dividend payout ratio is 49.59% (C$3.85/C$7.55) which is sustainable.
Is CNQ a good long term investment? ›
To wit, the Canadian Natural Resources Limited (TSE:CNQ) share price has flown 168% in the last three years. That sort of return is as solid as granite. On top of that, the share price is up 18% in about a quarter.
While the global natural resources markets continue to be volatile, we believe a multi-year commodities cycle is in the early stages. In our view, natural resources remain one of the best sources of alpha, diversification, inflation protection and dividend-yield generation.
Why should I buy CNQ stock? ›
Highlights from Canadian Natural Resources's earnings
There's a lot to like about CNQ's results. It achieved multiple production records for the year. 7% production per share growth — did that while also increasing reserves for the company. Net earnings of approximately $8.2 billion.
How much debt does Canadian Natural Resources have? ›
Total debt on the balance sheet as of December 2023 : $8.15 B. According to Canadian Natural Resources's latest financial reports the company's total debt is $8.15 B. A company's total debt is the sum of all current and non-current debts.
Who owns natural resources in Canada? ›
In northern Canada and in the offshore regions outside the provinces, the federal government enjoys such ownership. Under the Constitution Act, 1867, the original provinces of Confederation retained ownership of crown lands and resources within their boundaries.
How many employees does Canadian Natural Resources have? ›