CNQ Dividend History & Analysis | 4.6% Yield

CNQ has a dividend yield of 4.6% and paid 1.74 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.57%
Payout Ratio 51.8%
Growth Rate CAGR 5y 8.6%
Consistency Lifetime 96.3%
Yield on Cost 5y 13.7%
Payout FCF 73.9%
Streak Years 2
Dividend Rating 69.8%
Chowder Number yield + growth 13.2% meets 12% target for healthy growth
Yield vs Average 5y -4.8% avg 4.8% vs now 4.57%
Debt / EBITDA leverage 0.8x healthy
Income per 10k invested 457 USD per year
Dividends Cash Amount per Share Yearly CNQ annual dividends paid per share, showing the total cash Canadian Natural distributed to shareholders each year.
Dividend Growth Year over Year CNQ year-over-year dividend growth rate, showing how Canadian Natural's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History CNQ dividend yield history versus share price over the past 5 years, showing how Canadian Natural's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

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Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
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Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
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6,310 M 60.79% 100.0%
NOG NYSE
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2,308 M 37.81% 100.0%
CRC NYSE
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4,748 M 23.30% 100.0%
SM NYSE
SM Energy
8,034 M 22.95% 91.7%
TPL NYSE
Texas Pacific Land
28,931 M 17.53% 60.8%
MUR NYSE
Murphy Oil
5,280 M 17.78% 100.0%
DNO OL
Dno ASA
1,790 M 15.13% 100.0%
WKC NYSE
World Kinect
1,863 M 14.20% 100.0%
PR NYSE
Permian Resources
18,411 M 21.30% 86.1%
VET NYSE
Vermilion Energy
1,563 M 13.77% 100.0%

CNQ Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 1.13% 100
Apr - -
May - -
Jun 1.15% 100
Jul - -
Aug 0.54% 22
Sep 1.13% 100
Oct - -
Nov - -
Dec 1.19% 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 21 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-23 2026-06-23 2026-07-07 Quarterly 0.442 -2.9% 1.08%
2026-03-20 2026-03-20 2026-04-07 Quarterly 0.455 +9.4% 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% 2.18%
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 0% 1.07%

CNQ Dividend FAQ

What is the Dividend Yield of CNQ?

As of July 2026, CNQ's dividend yield is 4.57%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.74 USD by the current share price of 44.79.

Does CNQ pay a dividend?

As of July 2026, CNQ paid a dividend of 1.74 USD in the last 12 months. The last dividend was paid on 2026-06-23 and the payout was 0.442 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 2026-06-23.

CNQ dividend forecast

Based on historical data, the forecasted dividends per share for CNQ for the next payments are between 0.459 (+3.8%) and 0.485 (+9.7%). This indicates a solid dividend increase compared to the last payment. The expected Yield for the next 12 months is about 4.22%.

Will CNQ pay dividends in 2026?

The latest dividend paid per share was 0.442 USD with an Ex-Dividend Date of 2026-06-23. 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 8.64% 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 13.7%. If you bought CNQ's shares at 12.72 USD five years ago, your current annual dividend income (1.74 USD per share, trailing 12 months) equals 13.7% 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 4.57% Dividend Yield is considered as good. 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 51.8%. 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 69.78%. 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: -93.1%). 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: 2026-07-20 02:06 UTC