Cenovus Energy Inc. Stock Dividends
CVE.TO pays dividends quarterly. Last paid amount was $0.140 at Mar 28, 2024. As of today, dividend yield (TTM) is 2.76%.
Dividend Yield Range
AI Analysis of CVE.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.76% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -3.57% |
| Payout Ratio | 0 |
| Amount Per Share | $0.135 |
| Next Ex-Dividend Date | May 16, 2024 |
| Next Payment Date | May 31, 2024 |
CVE Dividend Payout History
To ensure a understanding of CVE's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 31 | Jul 28, 2016 | Sep 13, 2016 | Sep 30, 2016 | $0.0500 | 0.266% |
| 32 | Apr 27, 2016 | Jun 13, 2016 | Jun 30, 2016 | $0.0500 | 0.280% |
| 33 | Feb 11, 2016 | Mar 11, 2016 | Mar 31, 2016 | $0.0500 | 0.296% |
| 34 | Oct 29, 2015 | Dec 11, 2015 | Dec 31, 2015 | $0.160 | 0.91% |
| 35 | Jul 30, 2015 | Sep 11, 2015 | Sep 30, 2015 | $0.160 | 0.791% |
| 36 | Apr 29, 2015 | Jun 11, 2015 | Jun 30, 2015 | $0.266 | 1.33% |
| 37 | Feb 12, 2015 | Mar 11, 2015 | Mar 31, 2015 | $0.266 | 1.25% |
| 38 | Oct 23, 2014 | Dec 11, 2014 | Dec 31, 2014 | $0.266 | 1.11% |
| 39 | Jul 30, 2014 | Sep 11, 2014 | Sep 30, 2014 | $0.266 | 0.88% |
| 40 | Jun 11, 2014 | Jun 11, 2014 | Jun 30, 2014 | $0.266 | 0.769% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
CVE Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from CVE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CVE stock here.
Comparing CVE to Sector and Country
CVE.TO pays a solid dividend yield of 2.76%, which is higher than the average of the bottom 25% of dividend payers in the CA market (1.54%). CVE.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the CA market (8.74%), which means that there are more attractive dividend stocks to consider.
