CVE Dividend History & Analysis | 2.9% Yield

CVE has a dividend yield of 2.9% and paid 0.6 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.90%
Payout Ratio 33.5%
Growth Rate CAGR 5y 30.4%
Consistency Lifetime 90.7%
Yield on Cost 5y 8.4%
Payout FCF 34%
Streak Years -
Dividend Rating 71.9%
Chowder Number yield + growth 33.3% meets 15% target for healthy growth
Yield vs Average 5y +25.3% avg 2.32% vs now 2.90%
Debt / EBITDA leverage 1.3x healthy
Income per 10k invested 290 USD per year
Dividends Cash Amount per Share Yearly CVE annual dividends paid per share, showing the total cash Cenovus Energy distributed to shareholders each year.
Dividend Growth Year over Year CVE year-over-year dividend growth rate, showing how Cenovus Energy's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History CVE dividend yield history versus share price over the past 5 years, showing how Cenovus Energy's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Integrated Oil & Gas

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PBR NYSE
Petroleo Brasileiro
112,583 M 6.47% 26.96%
OMV VI
OMV Aktiengesellschaft
22,868 M 7.40% 15.20%
REP MC
Repsol S.A.
30,475 M 5.61% 15.46%
ENI MI
Eni S.p.A.
71,760 M 5.68% 15.16%
BPE5 XETRA
BP (Reg. Shares)
106,268 M 6.37% 12.93%
E NYSE
Eni
72,332 M 5.15% 13.97%
TTE PA
TotalEnergies SE
178,803 M 5.52% 12.74%
EQNR OL
Equinor ASA
85,395 M 5.54% 12.55%
BP NYSE
BP
105,786 M 5.29% 10.86%
EC NYSE
Ecopetrol
33,222 M 4.89% 10.47%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
CVE NYSE
Cenovus Energy
52,122 M 30.38% 90.7%
OXY NYSE
Occidental Petroleum
53,362 M 28.47% 91.7%
IMO NYSE MKT
Imperial Oil
61,041 M 23.54% 100.0%
REP MC
Repsol S.A.
30,475 M 14.73% 100.0%
BPE5 XETRA
BP (Reg. Shares)
106,268 M 11.73% 100.0%
BP NYSE
BP
105,786 M 11.62% 100.0%
SHELL AS
Shell
240,333 M 10.11% 100.0%
CVX NYSE
Chevron
366,175 M 6.34% 100.0%
GALP LS
Galp Energia SGPS S.A.
17,428 M 6.49% 100.0%
XOM NYSE
Exxon Mobil
604,955 M 4.01% 100.0%

CVE Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 0.56% 100
Apr - -
May 0.10% 20
Jun 0.65% 100
Jul - -
Aug - -
Sep 0.55% 100
Oct - -
Nov 0.08% 20
Dec 0.58% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 22 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-15 2026-06-15 2026-06-30 Quarterly 0.1614 +9.9% 0.6%
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% 0.72%
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% 0.18%
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 0% 0.16%

CVE Dividend FAQ

What is the Dividend Yield of CVE?

As of July 2026, CVE's dividend yield is 2.90%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.60 USD by the current share price of 28.79.

Does CVE pay a dividend?

As of July 2026, CVE paid a dividend of 0.60 USD in the last 12 months. The last dividend was paid on 2026-06-15 and the payout was 0.16136 USD.

How often does CVE pay dividends?

CVE pays dividends quarterly. Over the last 12 months, CVE has issued 4 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 0.165 (+2.3%) and 0.173 (+7.2%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.36%.

Will CVE pay dividends in 2026?

The latest dividend paid per share was 0.16136 USD with an Ex-Dividend Date of 2026-06-15. The next Ex-Dividend date for Cenovus Energy (CVE) is currently unknown.

What is the next Ex-Dividend Date for CVE?

The next Ex-Dividend date for Cenovus Energy (CVE) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CVE?

CVE's average dividend growth rate over the past 5 years is 30.4% 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 8.38%. If you bought CVE's shares at 7.10 USD five years ago, your current annual dividend income (0.60 USD per share, trailing 12 months) equals 8.38% of your original purchase price.

What is the Payout Consistency of CVE?

CVE Payout Consistency is 90.7%. 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: Cenovus Energy has a strong track record of consistent dividend payments over its lifetime.

Does CVE have a good Dividend Yield?

CVE's 2.90% 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 71.93%. 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: -41.4%). 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: 2026-07-13 02:05 UTC