Cenovus Energy Dividend yield

 Price  26.94
 Dividend  0.56
 Earnings  3.33
 Cash-flow  5.99
 Book value  14.18
 Equity  13.01

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 stock dividend

Cenovus Energy paid a total dividend of 1,075 million CAD last year, for a market value of 51,725 millions (Market Cap 37,384 millions). Cenovus Energy dividend per share is 0.56 CAD, and his stock market price 26.94 CAD.

According to the chart below, where dividend yield is displayed, Cenovus Energy has a dividend yield of 2.08%, lower than the amount offered by both the market average and companies from Canada. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Cenovus Energy stocks dividend with other Oil and Gas Producers companies or other of the best Canada dividend stocks list.

Dividend yield of Cenovus Energy

Cenovus Energy Dividend Payout

About the ability of Cenovus Energy to maintain his current dividend of CAD 0.56 per share, an amount that accounts for 2.08%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cenovus Energy payout on ernings is currently 16.82%, which is lower than the market average and companies of Oil and Gas industry, which are 39.34% and 38.55% 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 5.99 per share, which is higher than the dividend per share paid by the company of CAD 0.56, 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 Dividend History

Below you will find a table with the historical evolution of Cenovus Energy's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  CAD  Paypout  Shares* 

*In millions

Then you can see the evolution of Cenovus Energy dividend stock, and compare it with the average of Canada stocks and that of the Oil and Gas Producers stocks.

Cenovus Energy stock dividend history

Cenovus Energy Stock performance

Finally, last moth Cenovus Energy showed a return of 7.40% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a 9.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Canada and Oil and Gas Producers firms.

Cenovus Energy stock and market return