Canadian Natural Resources Announces Dividend Hike
Company Announcements

Canadian Natural Resources Announces Dividend Hike

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

Canadian Natural Resources Limited has declared a quarterly dividend of $1.05 per share pre-stock split, or $0.525 post-split, pending shareholder approval at the upcoming Annual and Special Meeting. This marks the 24th consecutive year of dividend increases, reflecting a 21% compound annual growth rate and underscoring the company’s confidence in its sustainable business model and strong financials. The dividend is due for payment on July 5, 2024, to shareholders on record as of June 17, 2024.

For further insights into TSE:CNQ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyCanadian Natural price target lowered to C$58 from C$60 at National Bank
TheFlyCanadian Natural reinstated with a Peer Perform at Wolfe Research
TheFlyCanadian Natural initiated with a Peer Perform at Wolfe Research
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!