Canadian Natural Boosts Dividend After Chevron Assets Buy

Canadian Natural (TSE:CNQ) has released an update.

Canadian Natural Resources Limited has announced a 7% increase in its quarterly dividend to $0.5625 per share, marking the 25th consecutive year of dividend growth with a compound annual growth rate (CAGR) of 21%. This financial decision follows the company’s recent acquisition of Chevron Canada Limited’s Alberta assets and is supported by Canadian Natural’s robust free cash flow and strong financial standing.

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