Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
Canadian Natural Resources Dividend Announcement
• Canadian Natural Resources announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2025-01-03. Ex dividend date: 2024-12-13
• Canadian Natural Resources annual dividend for 2024 was $1.97
• Canadian Natural Resources annual dividend for 2023 was $2.73
• Canadian Natural Resources's trailing twelve-month (TTM) dividend yield is 4.89%
• Canadian Natural Resources's payout ratio for the trailing twelve months (TTM) is 56.60%
• Canadian Natural Resources's dividend growth over the last five years (2018-2023) was 28.64% year
• Canadian Natural Resources's dividend growth over the last ten years (2013-2023) was 16.86% year
Canadian Natural Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.42 | quarterly | 2025-01-03 |
2024-09-13 | $0.39 | quarterly | 2024-10-04 |
2024-06-17 | $0.38 | quarterly | 2024-07-05 |
2024-03-14 | $0.78 | quarterly | 2024-04-05 |
2023-12-07 | $0.74 | quarterly | 2024-01-05 |
2023-09-14 | $0.66 | quarterly | 2023-10-05 |
2023-06-15 | $0.68 | quarterly | 2023-07-05 |
2023-03-16 | $0.65 | quarterly | 2023-04-05 |
2022-12-15 | $0.62 | quarterly | 2023-01-05 |
2022-09-15 | $0.58 | quarterly | 2022-10-05 |
2022-08-22 | $1.18 | quarterly | 2022-08-31 |
2022-06-16 | $0.59 | quarterly | 2022-07-05 |
2022-03-17 | $0.59 | quarterly | 2022-04-05 |
2021-12-09 | $0.46 | quarterly | 2022-01-05 |
2021-09-16 | $0.37 | quarterly | 2021-10-05 |
2021-06-17 | $0.39 | quarterly | 2021-07-05 |
2021-03-18 | $0.47 | quarterly | 2021-04-05 |
2020-12-08 | $0.33 | quarterly | 2021-01-05 |
2020-09-17 | $0.33 | quarterly | 2020-10-05 |
2020-06-11 | $0.32 | quarterly | 2020-07-01 |
2020-03-19 | $0.29 | quarterly | 2020-04-01 |
2019-12-10 | $0.28 | quarterly | 2020-01-01 |
2019-09-12 | $0.28 | quarterly | 2019-10-01 |
2019-06-13 | $0.28 | quarterly | 2019-07-01 |
2019-03-21 | $0.28 | quarterly | 2019-04-01 |
2018-09-13 | $0.26 | quarterly | 2018-10-01 |
2018-06-14 | $0.26 | quarterly | 2018-07-01 |
2018-03-15 | $0.26 | quarterly | 2018-04-01 |
2017-12-11 | $0.21 | quarterly | 2018-01-01 |
2017-09-14 | $0.28 | quarterly | 2017-10-01 |
2017-06-14 | $0.21 | quarterly | 2017-07-01 |
2017-03-15 | $0.20 | quarterly | 2017-04-01 |
2016-12-07 | $0.19 | quarterly | 2017-01-01 |
2016-09-14 | $0.17 | quarterly | 2016-10-01 |
2016-06-15 | $0.18 | quarterly | 2016-07-01 |
2016-03-16 | $0.17 | quarterly | 2016-04-01 |
2015-12-09 | $0.17 | quarterly | 2015-12-31 |
2015-09-09 | $0.17 | quarterly | 2015-10-01 |
2015-06-10 | $0.23 | quarterly | 2015-07-01 |
2015-03-12 | $0.18 | quarterly | 2015-04-01 |
2014-12-10 | $0.23 | quarterly | 2015-01-01 |
2014-09-10 | $0.23 | quarterly | 2014-10-01 |
2014-06-11 | $0.23 | quarterly | 2014-07-01 |
2014-03-13 | $0.23 | quarterly | 2014-04-01 |
2013-12-11 | $0.20 | quarterly | 2014-01-01 |
2013-09-11 | $0.12 | quarterly | 2013-10-01 |
2013-06-12 | $0.12 | quarterly | 2013-07-01 |
2013-03-14 | $0.12 | quarterly | 2013-04-01 |
Canadian Natural Resources Dividend per year
Canadian Natural Resources Dividend growth
Canadian Natural Resources Dividend Yield
Canadian Natural Resources current trailing twelve-month (TTM) dividend yield is 4.89%. Interested in purchasing Canadian Natural Resources stock? Use our calculator to estimate your expected dividend yield:
Canadian Natural Resources Financial Ratios
Canadian Natural Resources Dividend FAQ
Other factors to consider when evaluating Canadian Natural Resources as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Canadian Natural Resources's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Canadian Natural Resources publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Canadian Natural Resources distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Canadian Natural Resources are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Canadian Natural Resources sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Canadian Natural Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Canadian Natural Resources declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Canadian Natural Resources's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Canadian Natural Resources's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.