Cenovus Energy Inc. (CVE) Dividends

Cenovus Energy Inc. (CVE): $18.65

0.14 (-0.75%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Energy - Oil & Gas

Industry

C

Ranked

#6 of 80

in industry

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
2.80%
CVE Annual Dividend
$0.52
CVE Payout Ratio

CVE Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$18.65$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 History

Ex-Dividend Date Type Payout Amount Change
2024-06-14Dividend$0.13+33.67%
2024-05-16Dividend$0.10-4.85%
2024-03-14Dividend$0.10--
2023-12-14Dividend$0.10-0.96%
2023-09-14Dividend$0.10+0.97%
2023-06-14Dividend$0.10+33.77%
2023-03-14Dividend$0.08-1.28%
2022-12-14Dividend$0.08-7.14%
2022-11-17Dividend$0.08+5.00%
2022-09-14Dividend$0.08-3.61%
2022-06-14Dividend$0.08+196.43%
2022-03-14Dividend$0.03+3.70%
2021-12-14Dividend$0.03+92.86%
2021-09-14Dividend$0.01-70.21%
2020-03-12Dividend$0.05--
2019-12-12Dividend$0.05+23.68%
2019-09-12Dividend$0.04+2.70%
2019-06-13Dividend$0.04-2.63%
2019-03-14Dividend$0.04--
2018-12-13Dividend$0.04--
2018-09-13Dividend$0.04-2.56%
2018-06-14Dividend$0.04-2.50%
2018-03-14Dividend$0.04--
2017-12-14Dividend$0.04--
2017-09-14Dividend$0.04+8.11%
2017-06-13Dividend$0.04-2.63%
2017-03-13Dividend$0.04+2.70%
2016-12-13Dividend$0.04-2.63%
2016-09-13Dividend$0.04--
2016-06-13Dividend$0.04-24.00%
2016-03-11Dividend$0.05-58.33%
2015-12-11Dividend$0.12-2.28%
2015-09-11Dividend$0.12-44.76%
2015-06-11Dividend$0.22+4.12%
2015-03-11Dividend$0.21-19.80%
2014-12-11Dividend$0.27+9.77%
2014-09-11Dividend$0.24-0.53%
2014-06-11Dividend$0.24+1.71%
2014-03-12Dividend$0.24+5.64%
2013-12-11Dividend$0.23-2.66%
2013-09-11Dividend$0.23-1.65%
2013-06-12Dividend$0.24+0.77%
2013-03-13Dividend$0.24+5.61%
2012-12-12Dividend$0.22-1.50%
2012-09-12Dividend$0.23+5.60%
2012-06-13Dividend$0.21-3.47%
2012-03-13Dividend$0.22+13.51%
2011-12-13Dividend$0.20-2.40%
2011-09-13Dividend$0.20-2.58%
2011-06-13Dividend$0.21-2.14%
2011-03-11Dividend$0.21+5.00%
2010-12-13Dividend$0.20+5.26%
2010-09-13Dividend$0.19-1.55%
2010-06-11Dividend$0.19-1.03%
2010-03-11Dividend$0.20-2.50%
2009-12-17Dividend$0.20--


CVE Dividends vs. Peers

CVE's dividend yield currently ranks #120 of 177 vs. its peers in the Energy - Oil & Gas category.
Rank Symbol Name Dividend Yield
1 HPR HighPoint Resources Corporation 0.00%
2 TTE TotalEnergies SE ADR 0.00%
3 DSSI Diamond S Shipping Inc. 0.00%
4 PHX Panhandle Oil and Gas Inc 0.00%
5 VOC VOC Energy Trust Units of Beneficial Interest 0.00%
6 IMPP Imperial Petroleum Inc. 0.00%
7 DHT DHT Holdings, Inc. 0.00%
8 BTEGF Baytex Energy Corp. 0.00%
9 SPGYF Whitecap Resources, Inc. 0.00%
10 AE Adams Resources & Energy, Inc. 0.00%
11 LLEX Lilis Energy, Inc. 0.00%
12 SHEL Shell PLC ADR 0.00%
13 DK Delek US Holdings, Inc. 0.00%
14 VTNR Vertex Energy, Inc 0.00%
15 PNRG PrimeEnergy Resources Corporation 0.00%
16 BCEI Bonanza Creek Energy, Inc. 0.00%
17 BATL Battalion Oil Corp. 0.00%
18 CHK Chesapeake Energy Corporation 0.00%
19 WFRD Weatherford International PLC 0.00%
20 PARR Par Pacific Holdings, Inc. 0.00%
21 CHKR Chesapeake Granite Wash Trust Common Units representing beneficial interests in the Trust 0.00%
22 SBR Sabine Royalty Trust 0.00%
23 ATHOF Athabasca Oil Corp. 0.00%
24 JONE Jones Energy, Inc. 0.00%
25 HUSKF Husky Energy Inc. 0.00%
26 CIE Cobalt International Energy, Inc. 0.00%
27 DNR Denbury Resources Inc. 0.00%
28 SECYF Secure Energy Services Inc. 0.00%
29 DINO HF Sinclair Corp. 0.00%
30 KLXE KLX Energy Services Holdings, Inc. 0.00%
31 PED PEDEVCO Corp. 0.00%
32 SBOW SilverBow Resources, Inc. 0.00%
33 HES Hess Corp. 0.00%
34 CDEV Centennial Resource Development, Inc. 0.00%
35 HFC HollyFrontier Corporation 0.00%
36 SVRGF Seven Generations Energy Ltd., 0.00%
37 WRD WildHorse Resource Development Corporation 0.00%
38 CEI Camber Energy, Inc. 0.00%
39 SEMG Semgroup Corporation 0.00%
40 CLR Continental Resources, Inc. 0.00%
41 ALTM Altus Midstream Company 0.00%
42 CHKAQ Chesapeake Energy Corporation 0.00%
43 HUSA Houston American Energy Corporation 0.00%
44 PQ PetroQuest Energy, Inc. 0.00%
45 EPSN Epsilon Energy Ltd. 0.00%
46 FECCF Frontera Energy Corp. 0.00%
47 HK Halcon Resources Corporation 0.00%
48 NRT North European Oil Royality Trust 0.00%
49 BIREF Birchcliff Energy Ltd. 0.00%
50 SGY Stone Energy Corporation 0.00%
51 ALJ Alon USA Energy, Inc. common stick 0.00%
52 DVN Devon Energy Corp. 0.00%
53 TRCH Torchlight Energy Resources, Inc. 0.00%
54 MARPS Marine Petroleum Trust - Units of Beneficial Interest 0.00%
55 WMB Williams Cos. 0.00%
56 ETRN Equitrans Midstream Corporation 0.00%
57 SJT San Juan Basin Royalty Trust 0.00%
58 LONE Lonestar Resources US Inc. - 0.00%
59 FRO Frontline Ltd. 0.00%
60 TPL Texas Pacific Land Trust 0.00%
61 MPC Marathon Petroleum Corp. 0.00%
62 IPPLF Inter Pipeline Ltd. 0.00%
63 CRZO Carrizo Oil & Gas, Inc. 0.00%
64 MPO Midstates Petroleum Company Inc. 0.00%
65 CNX CNX Resources Corporation 0.00%
66 KMI Kinder Morgan, Inc. 0.00%
67 PSX Phillips 66 0.00%
68 WPX WPX Energy, Inc. 0.00%
69 SM SM Energy Company 0.00%
70 AMPY Amplify Energy Corp. 0.00%
71 MR Montage Resources Corporation 0.00%
72 COG Cabot Oil & Gas Corporation 0.00%
73 SN Sanchez Energy Corporation 0.00%
74 MRO Marathon Oil Corporation 0.00%
75 OBE Obsidian Energy Ltd. 0.00%
76 COP ConocoPhillips 0.00%
77 PXD Pioneer Natural Resources Co. 0.00%
78 JAG Jagged Peak Energy Inc. 0.00%
79 WTI W&T Offshore, Inc. 0.00%
80 LNG Cheniere Energy Inc. 0.00%
81 SNP China Petroleum & Chemical Corp. ADR 0.00%
82 FLMN Falcon Minerals Corporation 0.00%
83 FLNG Flex LNG Ltd. 0.00%
84 EEQ Enbridge Energy Management LLC Shares repstg limited liability company interests 0.00%
85 ALTO Alto Ingredients Inc. 0.00%
86 QEP QEP Resources, Inc. 0.00%
87 CPE Callon Petroleum Company 0.00%
88 AREX Approach Resources Inc. 0.00%
89 BRN Barnwell Industries, Inc. 0.00%
90 OAS Oasis Petroleum Inc. 0.00%
91 EGN Energen Corporation 0.00%
92 ANDV Andeavor 0.00%
93 GPOR Gulfport Energy Corporation 0.00%
94 APA APA Corp. 0.00%
95 XCO EXCO Resources, Inc. Exco Resources, Inc. 0.00%
96 EGY VAALCO Energy, Inc. 0.00%
97 XEC Cimarex Energy Co 0.00%
98 APC Anadarko Petroleum Corporation 0.00%
99 CRC California Resources Corporation 0.00%
100 VEI Vine Energy Inc. 0.00%
101 MTDR Matador Resources Company 0.00%
102 MCF Contango Oil & Gas Company (TX) 0.00%
103 GDP Goodrich Petroleum Corporation 0.00%
104 XOM Exxon Mobil Corp. 0.00%
105 EGC Energy XXI Gulf Coast, Inc. 0.00%
106 NEXT NextDecade Corporation 0.00%
107 CRK Comstock Resources, Inc. 0.00%
108 FANG Diamondback Energy Inc. 0.00%
109 CRT Cross Timbers Royalty Trust 0.00%
110 PVL Permianville Royalty Trust 0.00%
111 MUR Murphy Oil Corporation 0.00%
112 MVO MV Oil Trust 0.00%
113 TXO TXO Energy Partners L.P. 0.00%
114 PVAC Penn Virginia Corporation 0.00%
115 REN Resolute Energy Corporation Comon Stock 0.00%
116 EOG EOG Resources Inc. 0.00%
117 OXY Occidental Petroleum Corporation 0.00%
118 CHAP Chaparral Energy, Inc. 0.00%
119 EPE EP Energy Corporation 0.00%
120 CVE Cenovus Energy Inc. 0.00%
121 GBR New Concept Energy, Inc 0.00%
122 TGC Tengasco, Inc. 0.00%
123 YUMA Yuma Energy, Inc. 0.00%
124 STNG Scorpio Tankers Inc. Common Shares 0.00%
125 USEG U.S. Energy Corp. 0.00%
126 CVI CVR Energy Inc. 0.00%
127 SNDE Sundance Energy Australia Limited 0.00%
128 CRNCY Cairn Energy PLC 0.00%
129 BRY Berry Petroleum Corporation 0.00%
130 CVX Chevron Corporation 0.00%
131 RICE Rice Energy Inc. 0.00%
132 TELL Tellurian Inc. 0.00%
133 EQT EQT Corporation 0.00%
134 PBF PBF Energy Inc. 0.00%
135 ET Energy Transfer LP 0.00%
136 LPI Laredo Petroleum, Inc. 0.00%
137 AXAS Abraxas Petroleum Corporation 0.00%
138 DGAS Delta Natural Gas Company, Inc. 0.00%
139 CXO Concho Resources Inc. 0.00%
140 CKX CKX Lands, Inc. 0.00%
141 ENSV Enservco Corporation 0.00%
142 SU Suncor Energy Inc. 0.00%
143 BKR Baker Hughes Co. 0.00%
144 CTRA Coterra Energy Inc. 0.00%
145 PBT Permian Basin Royalty Trust 0.00%
146 AAV Advantage Oil & Gas Ltd 0.00%
147 INT World Fuel Services Corp. 0.00%
148 NBL Noble Energy Inc. 0.00%
149 VVV Valvoline Inc. 0.00%
150 WOPEY Woodside Petroleum Ltd. 0.00%
151 EPM Evolution Petroleum Corporation, Inc. 0.00%
152 MXC Mexco Energy Corporation 0.00%
153 PDCE PDC Energy, Inc. 0.00%
154 IO Ion Geophysical Corporation 0.00%
155 BANL CBL International Ltd. 0.00%
156 SRCI SRC Energy Inc. 0.00%
157 ROSE Rosehill Resources Inc. - 0.00%
158 SWN Southwestern Energy Co. 0.00%
159 TALO Talos Energy, Inc. 0.00%
160 PE Parsley Energy, Inc. 0.00%
161 AETUF ARC Resources Ltd. 0.00%
162 ERN Erin Energy Corp. 0.00%
163 EURN Euronav N.V. 0.00%
164 UNTC Unit Corp. 0.00%
165 UPL Ultra Petroleum Corp. 0.00%
166 TPET Trio Petroleum Corp. 0.00%
167 ESTE Earthstone Energy, Inc. 0.00%
168 DEN Denbury Inc. 0.00%
169 RRC Range Resources Corporation 0.00%
170 NFG National Fuel Gas Company 0.00%
171 MGY Magnolia Oil & Gas Corporation 0.00%
172 XOG Extraction Oil & Gas, Inc. 0.00%
173 NFX Newfield Exploration Company 0.00%
174 VLO Valero Energy Corp. 0.00%
175 GST Gastar Exploration Inc 0.00%
176 CSAN Cosan S.A. ADR 0.00%
177 CELP Cypress Energy Partners, L.P. Common Units representing limited partner interests 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

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