CNQ Dividend History & Analysis | 6.2% Yield

CNQ has a dividend yield of 6.2% and paid 1.73 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 6.17%
Payout Ratio 48.7%
Growth Rate CAGR 5y 21.14%
Consistency Lifetime 94.8%
Yield on Cost 5y 14.82%
Payout FCF 58.6%
Streak Years 2
Dividend Rating 81.87%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 63.2%
Total Return 5y: 316.2%

Top Dividend Payers in Oil & Gas Exploration & Production

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DMLP 1,149 M 10.9% 34.9%
KRP 1,577 M 14.4% 26.6%
EPM 162 M 13.0% 21.6%
MNR 2,312 M 15.0% 15.2%
BSM 3,181 M 9.52% 24.5%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SM 7,160 M 166% 92.5%
PR 17,729 M 129% 86.1%
MTDR 7,270 M 80.1% 100%
CRC 5,631 M 74.3% 100%
NOG 3,014 M 70.1% 100%

Quality Dividend Peers in Oil & Gas Exploration & Production

SM
SM Energy
 4.51% Yield
DMLP
Dorchester Minerals
 10.94% Yield
APA
APA
 4.98% Yield
MTDR
Matador Resources
 3.08% Yield
BSM
Black Stone Minerals
 9.52% Yield
GPRK
GeoPark
 7.17% Yield

CNQ Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-20 2026-03-20 2026-04-07 Quarterly 0.4568 9.9% 0.91%
2025-12-12 2025-12-12 2026-01-06 Quarterly 0.4158 -2.7% 1.27%
2025-09-19 2025-09-19 2025-10-03 Quarterly 0.4273 -1.1% 1.32%
2025-06-13 2025-06-13 2025-07-03 Quarterly 0.432 5.4% 1.27%
2025-03-21 2025-03-21 2025-04-04 Quarterly 0.41 5.1% 1.35%
2024-12-13 2024-12-13 2025-01-03 Quarterly 0.39 0.8% 1.24%
2024-09-13 2024-09-13 2024-10-04 Quarterly 0.387 1.3% 1.19%
2024-06-17 2024-06-17 2024-07-05 Quarterly 0.382 -51% 1.14%
2024-03-14 2024-03-15 2024-04-05 Quarterly 0.78 6% 1.06%
2023-12-07 2023-12-08 2024-01-05 Quarterly 0.736 10.8% 1.18%
2023-09-14 2023-09-15 2023-10-05 Quarterly 0.664 -1.8% 1.03%
2023-06-15 2023-06-16 2023-07-05 Quarterly 0.676 3.4% 1.23%
2023-03-16 2023-03-17 2023-04-05 Quarterly 0.654 4.1% 1.33%
2022-12-15 2022-12-16 2023-01-05 Quarterly 0.628 10.2% 1.15%
2022-09-15 2022-09-16 2022-10-05 Quarterly 0.57 -51.7% 1.05%
2022-08-22 2022-08-23 2022-08-31 Other 1.1793 102.6% 2.17%
2022-06-16 2022-06-17 2022-07-05 Quarterly 0.582 -1.7% 1.02%
2022-03-17 2022-03-18 2022-04-05 Quarterly 0.592 27.6% 0.99%
2021-12-09 2021-12-10 2022-01-05 Quarterly 0.464 24.7% 1.11%
2021-09-16 2021-09-17 2021-10-05 Quarterly 0.372 -2.9% 1.07%
2021-06-17 2021-06-18 2021-07-05 Quarterly 0.383 1.1% 1.05%
2021-03-18 2021-03-19 2021-04-05 Quarterly 0.379 14.2% N/A
2020-12-08 2020-12-09 2021-01-05 Quarterly 0.332 2.8% N/A
2020-09-17 2020-09-18 2020-10-05 Quarterly 0.323 1.9% N/A
2020-06-11 2020-06-12 2020-07-01 Quarterly 0.317 8.2% N/A
2020-03-19 2020-03-20 2020-04-01 Quarterly 0.293 3.5% N/A
2019-12-10 2019-12-11 2020-01-01 Quarterly 0.283 -0.4% N/A
2019-09-12 2019-09-13 2019-10-01 Quarterly 0.284 1.1% N/A
2019-06-13 2019-06-14 2019-07-01 Quarterly 0.281 -0.4% N/A
2019-03-21 2019-03-22 2019-04-01 Quarterly 0.282 -58.8% N/A
2018-12-07 2018-12-10 2019-01-01 Quarterly 0.6841 165.1% N/A
2018-09-13 2018-09-14 2018-10-01 Quarterly 0.258 0% N/A
2018-06-14 2018-06-15 2018-07-01 Quarterly 0.258 -0.4% N/A
2018-03-15 2018-03-16 2018-04-01 Quarterly 0.259 21% N/A
2017-12-11 2017-12-12 2018-01-01 Quarterly 0.214 -5.3% N/A
2017-09-14 2017-09-15 2017-10-01 Quarterly 0.226 8.7% N/A
2017-06-14 2017-06-16 2017-07-01 Quarterly 0.208 2% N/A
2017-03-15 2017-03-17 2017-04-01 Quarterly 0.204 8.5% N/A
2016-12-07 2016-12-09 2017-01-01 Quarterly 0.188 7.4% N/A
2016-09-14 2016-09-16 2016-10-01 Quarterly 0.175 -2.2% N/A
2016-06-15 2016-06-17 2016-07-01 Quarterly 0.179 5.4% N/A
2016-03-16 2016-03-18 2016-04-01 Quarterly 0.1698 1.8% N/A
2015-12-09 2015-12-11 2015-12-31 Quarterly 0.1668 -2.9% N/A
2015-09-09 2015-09-11 2015-10-01 Quarterly 0.1718 -6.5% N/A
2015-06-10 2015-06-12 2015-07-01 Quarterly 0.1836 3.3% N/A
2015-03-12 2015-03-16 2015-04-01 Quarterly 0.1777 -8.6% N/A
2014-12-10 2014-12-12 2015-01-01 Quarterly 0.1945 -3.9% N/A
2014-09-10 2014-09-12 2014-10-01 Quarterly 0.2024 -0.5% N/A
2014-06-11 2014-06-13 2014-07-01 Quarterly 0.2034 2% N/A
2014-03-13 2014-03-17 2014-04-01 Quarterly 0.1994 0% N/A

CNQ Dividend FAQ

Canadian Natural Resources Limited (CNQ) explores, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs).

What is the Dividend Yield of CNQ?

As of March 2026, CNQ`s dividend yield is 6.17%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.73 USD by the current share price of 48.67.

Does CNQ pay a dividend?

As of March 2026, CNQ paid a dividend of 1.73 USD in the last 12 months. The last dividend was paid on 2026-03-20 and the payout was 0.45681 USD.

How often does CNQ pay dividends?

CNQ pays dividends quarterly. Over the last 12 months, CNQ has issued 4 dividend payments. The last dividend payment was made on 2026-03-20.

CNQ dividend forecast

Based on historical data, the forecasted dividends per share for CNQ for the next payments are between 0.44 (-3.7%) and 0.478 (+4.6%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.80%.

Will CNQ pay dividends in 2026?

The latest dividend paid per share was 0.45681 USD with an Ex-Dividend Date of 2026-03-20. The next Ex-Dividend date for Canadian Natural (CNQ) is currently unknown.

What is the next Ex-Dividend Date for CNQ?

The next Ex-Dividend date for Canadian Natural (CNQ) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CNQ?

CNQ's average dividend growth rate over the past 5 years is 21.1% per year.
Strong growth: CNQ's Dividend growth is outpacing inflation.

What is the Yield on Cost of CNQ?

CNQ's 5-Year Yield on Cost is 14.8%. If you bought CNQ's shares at 11.69 USD five years ago, your current annual dividend income (1.73 USD per share, trailing 12 months) equals 14.8% of your original purchase price.

What is the Payout Consistency of CNQ?

CNQ Payout Consistency is 94.8%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Canadian Natural has a strong track record of consistent dividend payments over its lifetime.

Does CNQ have a good Dividend Yield?

CNQ`s 6.17% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of CNQ?

The Dividend Payout Ratio of CNQ is 48.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of CNQ?

CNQ`s Overall Dividend Rating is 81.87%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CNQ Outstanding Shares Analysis

What is the Trend in CNQ's Outstanding Shares?

Canadian Natural's outstanding shares have decreased by approximately 2.1% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has CNQ ever had a Stock Split?

Yes, the last stock split was on Jun 11, 2024 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1993 902,857,100
1994 994,782,600 +10.18%
1995 1,120,000,000 +12.59%
1996 1,322,666,700 +18.1%
1997 1,574,320,000 +19.03%
1998 1,592,912,000 +1.18%
1999 1,780,048,000 +11.75%
2000 1,838,480,000 +3.28%
2001 2,016,200,000 +9.67%
2002 2,256,000,000 +11.89%
2003 2,171,200,000 -3.76%
2004 2,163,600,000 -0.35%
2005 2,146,000,000 -0.81%
2006 2,150,400,000 +0.21%
2007 2,158,600,000 +0.38%
2008 2,163,600,000 +0.23%
2009 2,169,200,000 +0.26%
2010 2,178,000,000 +0.41%
2011 2,198,924,000 +0.96%
2012 2,191,058,000 -0.36%
2013 2,186,454,000 -0.21%
2014 2,188,962,000 +0.11%
2015 2,189,654,000 +0.03%
2016 2,236,736,000 +2.15%
2017 2,456,824,000 +9.84%
2018 2,409,996,000 -1.91%
2019 2,373,232,000 -1.53%
2020 2,365,784,000 -0.31%
2021 2,371,666,000 +0.25%
2022 2,239,142,000 -5.59%
2023 2,179,652,000 -2.66%
2024 2,120,383,000 -2.72%
2025 2,089,177,000 -1.47%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-19 03:16