Cenovus Energy Inc. (CVE) Dividends

Cenovus Energy Inc. (CVE): $19.56

-0.55 (-2.73%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • CVE reports a compound annual dividend growth rate of -0.4% over the past 5.5 years.
  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at 20.57 -- higher than 98.01% of other dividend issuers in the US.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with CVE that may be suitable potential portfolio mates: TRIB, LGHL, NWFL, CSX and BBY.
CVE Ex-Dividend Date
CVE Dividend Yield
1.49%
CVE Annual Dividend
$0.30
CVE Payout Ratio

CVE Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$19.56$4 -75.23%

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 Cenovus Energy Inc, the DDM model generated by StockNews estimates a return of negative 75.23% in comparison to its current price. To help understand and contextualize the model's evaluation of CVE, investors may wish to consider are:

  • Relative to all dividend yielding stocks in our set, Cenovus Energy Inc's dividend yield of 0.68% is in the bottom 9.62%.
  • In comparison to other US listed dividend yielding stocks in the Energy sector, the expected return of -75.23%, based on the stock's current share price and target price based on a dividend discount model, is greater than 7.62% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, Cenovus Energy Inc bears a discount rate, according to our calculations, lower than 7.62% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Cenovus Energy Inc has annual revenue of approximately $37 billion; this puts it in the large-sized revenue class -- where its dividend growth rate surpasses that of just 15.7% of US-listed, dividend-issuing stocks in the same revenue class.

CVE Dividend Chart


CVE Dividend History

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...


CVE Dividends vs. Peers

CVE's dividend yield currently ranks #67 of 171 vs. its peers in the Energy - Oil & Gas category.
Rank Symbol Name Dividend Yield
1 SJT San Juan Basin Royalty Trust 35.75%
2 CHKR Chesapeake Granite Wash Trust Common Units representing beneficial interests in the Trust 23.97%
3 MVO MV Oil Trust 20.92%
4 SNP China Petroleum & Chemical Corp. ADR 18.07%
5 PVL Permianville Royalty Trust 17.28%
6 VOC VOC Energy Trust Units of Beneficial Interest 14.79%
7 SEMG Semgroup Corporation 12.58%
8 MARPS Marine Petroleum Trust - Units of Beneficial Interest 12.00%
9 PBT Permian Basin Royalty Trust 11.95%
10 ALTM Altus Midstream Company 9.62%
11 WOPEY Woodside Petroleum Ltd. 9.61%
12 FLMN Falcon Minerals Corporation 9.27%
13 DVN Devon Energy Corp. 9.07%
14 SBR Sabine Royalty Trust 8.71%
15 ET Energy Transfer LP 8.58%
16 FLNG Flex LNG Ltd. 8.15%
17 CRT Cross Timbers Royalty Trust 8.03%
18 ETRN Equitrans Midstream Corporation 7.40%
19 EPM Evolution Petroleum Corporation, Inc. 6.26%
20 KMI Kinder Morgan, Inc. 5.96%
21 WMB Williams Cos. 5.01%
22 CSAN Cosan S.A. ADR 4.88%
23 ALJ Alon USA Energy, Inc. common stick 4.48%
24 FRO Frontline Ltd. 4.36%
25 SU Suncor Energy Inc. 4.04%
26 CVI CVR Energy Inc. 3.99%
27 SHEL Shell PLC ADR 3.52%
28 PSX Phillips 66 3.50%
29 EPSN Epsilon Energy Ltd. 3.36%
30 USEG U.S. Energy Corp. 3.31%
31 TTE TotalEnergies SE ADR 3.27%
32 XOM Exxon Mobil Corp. 3.22%
33 CVX Chevron Corporation 3.09%
34 NFG National Fuel Gas Company 2.89%
35 VLO Valero Energy Corp. 2.83%
36 BKR Baker Hughes Co. 2.67%
37 BRY Berry Petroleum Corporation 2.66%
38 AETUF ARC Resources Ltd. 2.63%
39 BCEI Bonanza Creek Energy, Inc. 2.50%
40 DK Delek US Holdings, Inc. 2.49%
41 EGY VAALCO Energy, Inc. 2.48%
42 DINO HF Sinclair Corp. 2.47%
43 DGAS Delta Natural Gas Company, Inc. 2.44%
44 MPC Marathon Petroleum Corp. 2.40%
45 AE Adams Resources & Energy, Inc. 2.39%
46 CTRA Coterra Energy Inc. 2.17%
47 PHX Panhandle Oil and Gas Inc 2.16%
48 APA APA Corp. 2.15%
49 CHK Chesapeake Energy Corporation 2.14%
50 OAS Oasis Petroleum Inc. 2.14%
51 MUR Murphy Oil Corporation 2.10%
52 EOG EOG Resources Inc. 2.10%
53 FANG Diamondback Energy Inc. 2.01%
54 INT World Fuel Services Corp. 1.99%
55 COG Cabot Oil & Gas Corporation 1.98%
56 BRN Barnwell Industries, Inc. 1.90%
57 PDCE PDC Energy, Inc. 1.86%
58 PBF PBF Energy Inc. 1.75%
59 PXD Pioneer Natural Resources Co. 1.73%
60 APC Anadarko Petroleum Corporation 1.65%
61 COP ConocoPhillips 1.61%
62 DHT DHT Holdings, Inc. 1.56%
63 MGY Magnolia Oil & Gas Corporation 1.54%
64 ANDV Andeavor 1.52%
65 VVV Valvoline Inc. 1.52%
66 CLR Continental Resources, Inc. 1.51%
67 CVE Cenovus Energy Inc. 1.49%
68 CRC California Resources Corporation 1.47%
69 EQT EQT Corporation 1.39%
70 SM SM Energy Company 1.37%
71 XEC Cimarex Energy Co 1.24%
72 CXO Concho Resources Inc. 1.22%
73 MRO Marathon Oil Corporation 1.18%
74 PE Parsley Energy, Inc. 1.18%
75 RRC Range Resources Corporation 1.08%
76 HES Hess Corp. 1.04%
77 NBL Noble Energy Inc. 0.95%
78 LNG Cheniere Energy Inc. 0.91%
79 STNG Scorpio Tankers Inc. Common Shares 0.76%
80 BIREF Birchcliff Energy Ltd. 0.75%
81 OXY Occidental Petroleum Corporation 0.74%
82 MTDR Matador Resources Company 0.60%
83 TPL Texas Pacific Land Trust 0.46%
84 HPR HighPoint Resources Corporation 0.00%
85 DSSI Diamond S Shipping Inc. 0.00%
86 IMPP Imperial Petroleum Inc. 0.00%
87 BTEGF Baytex Energy Corp. 0.00%
88 LLEX Lilis Energy, Inc. 0.00%
89 VTNR Vertex Energy, Inc 0.00%
90 PNRG PrimeEnergy Resources Corporation 0.00%
91 WFRD Weatherford International PLC 0.00%
92 PARR Par Pacific Holdings, Inc. 0.00%
93 JONE Jones Energy, Inc. 0.00%
94 CIE Cobalt International Energy, Inc. 0.00%
95 DNR Denbury Resources Inc. 0.00%
96 KLXE KLX Energy Services Holdings, Inc. 0.00%
97 PED PEDEVCO Corp. 0.00%
98 SBOW SilverBow Resources, Inc. 0.00%
99 CDEV Centennial Resource Development, Inc. 0.00%
100 HFC HollyFrontier Corporation 0.00%
101 WRD WildHorse Resource Development Corporation 0.00%
102 CEI Camber Energy, Inc. 0.00%
103 CHKAQ Chesapeake Energy Corporation 0.00%
104 HUSA Houston American Energy Corporation 0.00%
105 PQ PetroQuest Energy, Inc. 0.00%
106 HK Halcon Resources Corporation 0.00%
107 SGY Stone Energy Corporation 0.00%
108 TRCH Torchlight Energy Resources, Inc. 0.00%
109 LONE Lonestar Resources US Inc. - 0.00%
110 CRZO Carrizo Oil & Gas, Inc. 0.00%
111 MPO Midstates Petroleum Company Inc. 0.00%
112 CNX CNX Resources Corporation 0.00%
113 WPX WPX Energy, Inc. 0.00%
114 AMPY Amplify Energy Corp. 0.00%
115 MR Montage Resources Corporation 0.00%
116 SN Sanchez Energy Corporation 0.00%
117 OBE Obsidian Energy Ltd. 0.00%
118 JAG Jagged Peak Energy Inc. 0.00%
119 WTI W&T Offshore, Inc. 0.00%
120 EEQ Enbridge Energy Management LLC Shares repstg limited liability company interests 0.00%
121 ALTO Alto Ingredients Inc. 0.00%
122 QEP QEP Resources, Inc. 0.00%
123 CPE Callon Petroleum Company 0.00%
124 AREX Approach Resources Inc. 0.00%
125 EGN Energen Corporation 0.00%
126 GPOR Gulfport Energy Corporation 0.00%
127 XCO EXCO Resources, Inc. Exco Resources, Inc. 0.00%
128 VEI Vine Energy Inc. 0.00%
129 MCF Contango Oil & Gas Company (TX) 0.00%
130 GDP Goodrich Petroleum Corporation 0.00%
131 EGC Energy XXI Gulf Coast, Inc. 0.00%
132 NEXT NextDecade Corporation 0.00%
133 CRK Comstock Resources, Inc. 0.00%
134 PVAC Penn Virginia Corporation 0.00%
135 REN Resolute Energy Corporation Comon Stock 0.00%
136 CHAP Chaparral Energy, Inc. 0.00%
137 EPE EP Energy Corporation 0.00%
138 GBR New Concept Energy, Inc 0.00%
139 TGC Tengasco, Inc. 0.00%
140 YUMA Yuma Energy, Inc. 0.00%
141 SNDE Sundance Energy Australia Limited 0.00%
142 CRNCY Cairn Energy PLC 0.00%
143 RICE Rice Energy Inc. 0.00%
144 TELL Tellurian Inc. 0.00%
145 LPI Laredo Petroleum, Inc. 0.00%
146 AXAS Abraxas Petroleum Corporation 0.00%
147 CKX CKX Lands, Inc. 0.00%
148 ENSV Enservco Corporation 0.00%
149 AAV Advantage Oil & Gas Ltd 0.00%
150 MXC Mexco Energy Corporation 0.00%
151 IO Ion Geophysical Corporation 0.00%
152 SRCI SRC Energy Inc. 0.00%
153 ROSE Rosehill Resources Inc. - 0.00%
154 SWN Southwestern Energy Co. 0.00%
155 TALO Talos Energy, Inc. 0.00%
156 ERN Erin Energy Corp. 0.00%
157 EURN Euronav N.V. 0.00%
158 UPL Ultra Petroleum Corp. 0.00%
159 ESTE Earthstone Energy, Inc. 0.00%
160 DEN Denbury Inc. 0.00%
161 XOG Extraction Oil & Gas, Inc. 0.00%
162 NFX Newfield Exploration Company 0.00%
163 GST Gastar Exploration Inc 0.00%
164 CELP Cypress Energy Partners, L.P. Common Units representing limited partner interests 0.00%
165 SPGYF Whitecap Resources, Inc. 0.00%
166 ATHOF Athabasca Oil Corp. 0.00%
167 HUSKF Husky Energy Inc. 0.00%
168 SVRGF Seven Generations Energy Ltd., 0.00%
169 FECCF Frontera Energy Corp. 0.00%
170 IPPLF Inter Pipeline Ltd. 0.00%
171 UNTC Unit Corp. 0.00%

Looking for More Information on CVE dividends?

Want to do more research on Cenovus Energy Inc's dividends? Try the links below:

Cenovus Energy Inc Common Stock (CVE) Dividend History | Nasdaq
Dividend History for Cenovus Energy Inc (CVE) - Dividend Investor
Cenovus Energy Inc (CVE) Dividend History - Seeking Alpha

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.8029 seconds.