CVE Dividend History & Analysis | 3.3% Yield

CVE has a dividend yield of 3.3% and paid 0.74 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.26%
Payout Ratio 33.5%
Growth Rate CAGR 5y 68.3%
Consistency Lifetime 80.9%
Yield on Cost 5y 9.4%
Payout FCF 34%
Streak Years -
Dividend Rating 72.4%
Ex-Dividend in 15 days: Buy before Jun 15, 2026 to receive the next dividend.
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 Integrated Oil & Gas

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PBR 122,185 M 8.59% 40.79%
EC 30,303 M 10.43% 19.65%
ENI 77,344 M 7.62% 22.08%
REP 28,381 M 7.12% 19.27%
TTE 200,328 M 5.78% 15.04%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
OXY 56,585 M 121.34% 91.8%
EC 30,303 M 100.80% 66.8%
REP 28,381 M 34.27% 89.2%
IMO 61,951 M 26.00% 92.0%
SU 75,532 M 18.52% 73.5%
Quality Dividend Peers in Integrated Oil & Gas TTE TotalEnergies SE
5.78% Yield IMO Imperial Oil
2.41% Yield EQNR Equinor ASA
6.97% Yield OXY Occidental Petroleum
2.13% Yield
CVE Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-15 2026-06-15 2026-06-30 0.1613 +9.8% N/A
2026-03-13 2026-03-13 2026-03-31 Quarterly 0.1469 +3.3% 0.63%
2025-12-15 2025-12-15 2025-12-31 Quarterly 0.1422 -2% 0.8%
2025-09-15 2025-09-15 2025-09-29 Quarterly 0.145 +1% 0.87%
2025-06-13 2025-06-13 2025-06-30 Quarterly 0.1436 +13.3% 0.96%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.1267 -0.5% 0.97%
2024-12-13 2024-12-13 2024-12-31 Quarterly 0.1273 -3.8% 0.85%
2024-09-13 2024-09-13 2024-09-27 Quarterly 0.1324 +1.1% 0.82%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.131 +33.6% 0.71%
2024-05-16 2024-05-17 2024-05-31 Other 0.0981 -5.6% 0.48%
2024-03-14 2024-03-15 2024-03-28 Quarterly 0.1039 +0.8% 0.56%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.1031 -0.3% 0.63%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.1035 -1.7% 0.5%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.1053 +37.3% 0.61%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.0767 -0.4% 0.45%
2022-12-14 2022-12-15 2022-12-30 Quarterly 0.077 -7.9% 0.42%
2022-11-17 2022-11-18 2022-12-02 Other 0.0836 +4.4% 0.41%
2022-09-14 2022-09-15 2022-09-15 Quarterly 0.0801 -1.8% 0.43%
2022-06-14 2022-06-15 2022-06-30 Quarterly 0.0816 +196% 0.36%
2022-03-14 2022-03-15 2022-03-31 Quarterly 0.0276 +0.9% 0.17%
2021-12-14 2021-12-15 2021-12-31 Quarterly 0.0273 +97.5% 0.23%
2021-09-14 2021-09-15 2021-09-30 Quarterly 0.0138 -4% 0.16%
2021-06-14 2021-06-15 2021-06-30 Quarterly 0.0144 +3.5% 0.14%
2021-03-12 2021-03-15 2021-03-31 Quarterly 0.0139 -69.4% N/A
2020-03-12 2020-03-13 2020-03-31 Quarterly 0.0455 -3.9% N/A
2019-12-12 2019-12-13 2019-12-31 Quarterly 0.0473 +24.8% N/A
2019-09-12 2019-09-13 2019-09-30 Quarterly 0.0379 +1% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.0375 -0.1% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.0376 +0.3% N/A
2018-12-13 2018-12-14 2018-12-31 Quarterly 0.0374 -2.6% N/A
2018-09-13 2018-09-14 2018-09-28 Quarterly 0.0384 +0.2% N/A
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.0384 -0.7% N/A
2018-03-14 2018-03-15 2018-03-29 Quarterly 0.0386 -0.8% N/A
2017-12-14 2017-12-15 2017-12-29 Quarterly 0.0389 -5.1% N/A
2017-09-14 2017-09-15 2017-09-29 Quarterly 0.041 +8.5% N/A
2017-06-13 2017-06-15 2017-06-30 Quarterly 0.0378 +1.7% N/A
2017-03-13 2017-03-15 2017-03-31 Quarterly 0.0372 -2.5% N/A
2016-12-13 2016-12-15 2016-12-30 Quarterly 0.0381 +0.3% N/A
2016-09-13 2016-09-15 2016-09-30 Quarterly 0.038 -3% N/A
2016-06-13 2016-06-15 2016-06-30 Quarterly 0.0392 +3.8% N/A
2016-03-11 2016-03-15 2016-03-31 Quarterly 0.0378 -67.7% N/A
2015-12-11 2015-12-15 2015-12-31 Quarterly 0.1167 -2.9% N/A
2015-09-11 2015-09-15 2015-09-30 Quarterly 0.1203 -44.4% N/A
2015-06-11 2015-06-15 2015-06-30 Quarterly 0.2163 +3.7% N/A
2015-03-11 2015-03-13 2015-03-31 Quarterly 0.2086 -9.7% N/A
2014-12-11 2014-12-15 2014-12-31 Quarterly 0.2309 -4.5% N/A
2014-09-11 2014-09-15 2014-09-30 Quarterly 0.2417 -1.3% N/A
2014-06-11 2014-06-13 2014-06-30 Quarterly 0.2448 +2.4% N/A
2014-03-12 2014-03-14 2014-03-31 Quarterly 0.2391 +4.9% N/A
2013-12-11 2013-12-13 2013-12-31 Quarterly 0.2281 0% N/A

CVE Dividend FAQ

What is the Dividend Yield of CVE?

As of May 2026, CVE's dividend yield is 3.26%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.74 USD by the current share price of 27.57.

Does CVE pay a dividend?

As of May 2026, CVE paid a dividend of 0.74 USD in the last 12 months. The last dividend was paid on 2026-06-15 and the payout was 0.16128 USD.

How often does CVE pay dividends?

CVE pays dividends quarterly. Over the last 12 months, CVE has issued 5 dividend payments. The last dividend payment was made on 2026-06-15.

CVE dividend forecast

Based on historical data, the forecasted dividends per share for CVE for the next payments are between 0.166 (+2.9%) and 0.178 (+10.4%). This indicates a solid dividend increase compared to the last payment. The expected Yield for the next 12 months is about 2.50%.

Will CVE pay dividends in 2026?

The latest dividend paid per share was 0.16128 USD with an Ex-Dividend Date of 2026-06-15. The next Ex-Dividend date for Cenovus Energy (CVE) is 2026-06-15.

What is the next Ex-Dividend Date for CVE?

The next Ex-Dividend date for Cenovus Energy (CVE) is 2026-06-15.

What is the Dividend Growth of CVE?

CVE's average dividend growth rate over the past 5 years is 68.3% per year. Strong growth: CVE's dividend growth is outpacing inflation.

What is the Yield on Cost of CVE?

CVE's 5-Year Yield on Cost is 9.41%. If you bought CVE's shares at 7.85 USD five years ago, your current annual dividend income (0.74 USD per share, trailing 12 months) equals 9.41% of your original purchase price.

What is the Payout Consistency of CVE?

CVE Payout Consistency is 80.9%. 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. Moderately consistent: Cenovus Energy has a good track record of consistent dividend payments over its lifetime.

Does CVE have a good Dividend Yield?

CVE's 3.26% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of CVE?

The Dividend Payout Ratio of CVE is 33.5%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of CVE?

CVE's Overall Dividend Rating is 72.44%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

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

Cenovus Energy's outstanding shares have decreased by approximately 0.07% annually over the past 3 years (Trend Reliability: -38.6%). 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 CVE ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2008 751,000,000 0%
2009 751,500,000 +0.07%
2010 753,200,000 +0.23%
2011 757,100,000 +0.52%
2012 758,300,000 +0.16%
2013 757,200,000 -0.15%
2014 757,100,000 -0.01%
2015 833,400,000 +10.08%
2016 833,300,000 -0.01%
2017 1,228,800,000 +47.46%
2018 1,228,900,000 +0.01%
2019 1,229,150,000 +0.02%
2020 1,228,900,000 -0.02%
2021 1,637,000,000 +33.21%
2022 2,025,600,000 +23.74%
2023 1,882,051,300 -7.09%
2024 1,863,312,000 -1%
2025 1,864,000,000 +0.04%
2026 1,879,053,000 +0.81%

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: 2026-05-30 02:40 UTC