Canadian Natural Resources Limited (CNQ) Dividends

Canadian Natural Resources Limited (CNQ)

Today's Latest Price: $15.95 USD

0.28 (1.79%)

Updated Oct 30 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 32 in Foreign Oil & Gas

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • CNQ's trailing 12 month dividends has averaged an annual growth rate of 27.35%.
  • CNQ is producing more trailing twelve month cash flow than 93.45% of US dividend stocks.
  • Free cash flow for CNQ has a compound average growth rate of -506.21%, which is higher than only 1.88% of stocks in our dividend set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CNQ's price: SSNT, FPI, CNI, SMBK and PFG.
CNQ Ex-Dividend Date
CNQ Dividend Yield
8.15%
CNQ Annual Dividend
$1.30
CNQ Payout Ratio

CNQ Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$15.95$22.27 35.8%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Canadian Natural Resources Ltd, the dividend discount model StockNews created for the company implies a positive return of 35.8%. Digging deeper, the aspects of Canadian Natural Resources Ltd's dividend discount model that we found most interesting were:

  • Given its market cap of around 19 billion US dollars, its dividend yield of 8.25 is greater than 94.34% of its fellow stocks in the large market cap class.
  • With a market cap of roughly $19 billion, CNQ is in the large-sized market cap class; here, it has a lower equity discount rate than 5.85% of stocks.
  • Beta tells us how volatile a stock's price is relative to the broader equity index; as for CNQ, approximately 3.77% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

CNQ Dividend Chart


CNQ Dividend History

Ex-Dividend Date Type Payout Amount Change
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CNQ Dividends vs. Peers

CNQ's dividend yield currently ranks #7 of 32 vs. its peers in the Foreign Oil & Gas category.
Rank Symbol Name Dividend Yield
1 TGA TransGlobe Energy Corporation - Ordinary Shares 17.95%
2 PBA Pembina Pipeline Corp. Ordinary Shares (Canada) 9.24%
3 EC Ecopetrol S.A. American Depositary Shares 8.97%
4 ENB Enbridge Inc 8.89%
5 TOT Total S.A. 8.74%
6 BP BP p.l.c. 8.32%
7 CNQ Canadian Natural Resources Limited 8.25%
8 PTR PetroChina Company Limited 7.95%
9 TRP TC Energy Corporation 6.05%
10 RDS.B Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) 5.87%
11 PBR Petroleo Brasileiro S.A.- Petrobras 5.41%
12 IMO Imperial Oil Limited 5.33%
13 ERF Enerplus Corporation 5.00%
14 CEO CNOOC Limited 4.99%
15 RDS.A Royal Dutch Shell PLC Royal Dutch Shell American Depositary Shares (Each representing two Class A Ordinary Shares) 4.72%
16 UGP Ultrapar Participacoes S.A. (New) American Depositary Shares (Each representing one Common Share) 3.14%
17 E ENI S.p.A. 2.63%
18 ECA Encana Corporation 2.11%
19 EQNR Equinor ASA 1.93%
20 GPRK Geopark Ltd Common Shares 1.14%
21 TGS Transportadora de Gas del Sur SA TGS 0.00%
22 FI Frank's International N.V. 0.00%
23 KOS Kosmos Energy Ltd. Common Shares (DE) 0.00%
24 PZE Petrobras Argentina S.A. ADS 0.00%
25 ZN Zion Oil 0.00%
26 SSL Sasol Ltd. American Depositary Shares 0.00%
27 YPF YPF Sociedad Anonima 0.00%
28 BXE Bellatrix Exploration Ltd (Canada) 0.00%
29 VAL Valaris plc 0.00%
30 VET Vermilion Energy Inc. Common (Canada) 0.00%
31 PGH Pengrowth Energy Corporation 0.00%
32 GTE Gran Tierra Energy Inc. 0.00%

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