Cenovus Energy Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   CAD per share 
 Price  6.16
 Dividend  0.25
 Earnings  1.76
 Cash-flow  2.68
 Book value  15.40
 Equity  14.67

Cenovus Energy is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Cenovus Energy is a company from Canada, and his stocks are publicly traded.

Cenovus Energy paid a total dividend of 307 million CAD last year, for a market value of 7,571 millions (Market Cap 6,275 millions). Dividend per share of Cenovus Energy is 0.25 CAD, and his stock market price 6.16 CAD.

According to the chart below, where dividend yield is displayed, Cenovus Energy has a dividend yield of 4.06%, which is similar to the amount offered by both the market average and companies from Canada. However, it is lower than the average of Oil and Gas industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Cenovus Energy dividend yield with other Oil and Gas Producers companies or firms from Canada.

Dividend yield of Cenovus Energy

Cenovus Energy Dividend Payout

About the ability of Cenovus Energy to maintain his current dividend of CAD 0.25 per share, an amount that accounts for 4.06%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cenovus Energy payout on ernings is currently 14.20%, which is lower than the market average and companies of Oil and Gas industry, which are 37.73% and 39.66% respectively. Both figures lead us to believe that there is confidence that Cenovus Energycan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Cenovus Energy is CAD 2.68 per share, which is higher than the dividend per share paid by the company of CAD 0.25, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Cenovus Energy, compared againt world market average, Canada companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Cenovus Energy payout

Cenovus Energy Stock performance

Finally, last moth Cenovus Energy showed a return of 3.40% compared to a worldwide 4.36% average, and a 0.90% of Oil and Gas firms. Over the last year, the company obtained a -47.00% versus a worldwide performance of a 2.13%. More detailed information can be seen in the following graph for Canada and Oil and Gas Producers firms.

Cenovus Energy stock and market return

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