CNQ Dividend History & Analysis | 3.5% Yield

CNQ has a dividend yield of 3.5% and paid 1.76 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.50%
Payout Ratio 63.0%
Growth Rate CAGR 5y 8.7%
Consistency Lifetime 96.3%
Yield on Cost 5y 12.9%
Payout FCF 73.9%
Streak Years 2
Dividend Rating 67.5%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
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.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Oil & Gas Exploration & Production

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
BNOR 1,365 M 32.49% 178.57%
VAR 10,780 M 13.25% 30.61%
DMLP 1,234 M 9.91% 27.00%
MNR 2,088 M 13.70% 14.69%
KRP 1,592 M 10.57% 20.49%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MTDR 6,278 M 60.79% 100.0%
NOG 2,115 M 53.71% 100.0%
BNOR 1,365 M 54.43% 100.0%
AESI 2,023 M 34.45% 98.7%
CRC 4,910 M 23.30% 100.0%
Quality Dividend Peers in Oil & Gas Exploration & Production APA APA
4.10% Yield
CNQ Dividend History: Last 21 Payments (USD) as of June 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-19 2026-06-19 2026-07-07 0.4582 +0.7% N/A
2026-03-20 2026-03-20 2026-04-07 Quarterly 0.455 +9.4% 0.909%
2025-12-12 2025-12-12 2026-01-06 Quarterly 0.4158 -2.7% 1.268%
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% 1.271%
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% 1.244%
2024-09-13 2024-09-13 2024-10-04 Quarterly 0.387 +1.3% 1.193%
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% 1.061%
2023-12-07 2023-12-08 2024-01-05 Quarterly 0.736 +10.8% 1.178%
2023-09-14 2023-09-15 2023-10-05 Quarterly 0.664 -1.8% 1.027%
2023-06-15 2023-06-16 2023-07-05 Quarterly 0.676 +3.4% 1.228%
2023-03-16 2023-03-17 2023-04-05 Quarterly 0.654 +4.1% 1.331%
2022-12-15 2022-12-16 2023-01-05 Quarterly 0.628 +10.2% 1.146%
2022-09-15 2022-09-16 2022-10-05 Quarterly 0.57 -51.7% 1.049%
2022-08-22 2022-08-23 2022-08-31 Other 1.1793 +102.6% 2.175%
2022-06-16 2022-06-17 2022-07-05 Quarterly 0.582 -1.7% 1.016%
2022-03-17 2022-03-18 2022-04-05 Quarterly 0.592 +27.6% 0.992%
2021-12-09 2021-12-10 2022-01-05 Quarterly 0.464 +24.7% 1.107%
2021-09-16 2021-09-17 2021-10-05 Quarterly 0.372 0% 1.07%

CNQ Dividend FAQ

What is the Dividend Yield of CNQ?

As of June 2026, CNQ's dividend yield is 3.50%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.76 USD by the current share price of 39.49.

Does CNQ pay a dividend?

As of June 2026, CNQ paid a dividend of 1.76 USD in the last 12 months. The last dividend was paid on 2026-06-19 and the payout was 0.45819 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 2026-06-19.

CNQ dividend forecast

Based on historical data, the forecasted dividends per share for CNQ for the next payments are between 0.461 (+0.6%) and 0.488 (+6.5%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 4.82%.

Will CNQ pay dividends in 2026?

The latest dividend paid per share was 0.45819 USD with an Ex-Dividend Date of 2026-06-19. 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 8.73% 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 12.9%. If you bought CNQ's shares at 13.66 USD five years ago, your current annual dividend income (1.76 USD per share, trailing 12 months) equals 12.9% of your original purchase price.

What is the Payout Consistency of CNQ?

CNQ Payout Consistency is 96.3%. 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 3.50% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of CNQ?

The Dividend Payout Ratio of CNQ is 63.0%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of CNQ?

CNQ's Overall Dividend Rating is 67.54%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CNQ Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in CNQ's Outstanding Shares?

Canadian Natural's outstanding shares have decreased by approximately 1.72% annually over the past 3 years (Trend Reliability: -86.7%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

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 0%
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%
2026 2,096,115,000 +0.33%

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: 2026-06-26 02:58 UTC