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CVE Cenovus Energy Inc. — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock· ADR · Energy / Oil & Gas Integrated

$32.94 ▲ $0.97(3.03%) as of Oct 19, 2026 06:20 UTC
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Cenovus Energy Inc. is an integrated energy firm involved in the exploration, extraction, processing, and sale of crude oil, natural gas liquids, and natural gas. Its operations span Canada, the United States, and the Asia Pacific region. The company organizes its extensive activities across six core segments: Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.S. Manufacturing, and Retail. The Oil Sands division is responsible for developing and producing bitumen and heavy oil from significant projects in northern Alberta and Saskatchewan, including Foster Creek, Christina Lake, Sunrise, and Tucker, in addition to its Lloydminster thermal and conventional heavy oil operations. Cenovus’s Conventional segment encompasses assets primarily situated in Alberta and British Columbia, specifically in areas such as Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake, alongside holdings in various natural gas processing facilities. The Offshore segment is solely dedicated to exploration and development endeavors. Its Canadian Manufacturing segment includes the proprietary Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel fuel, asphalt, and other related products. This segment also oversees the Bruderheim crude-by-rail terminal and operates two ethanol plants. The U.S. Manufacturing segment focuses on refining crude oil to produce diesel, gasoline, jet fuel, asphalt, and various other petroleum products. Finally, the Retail segment manages the distribution and sales of both its own and third-party refined petroleum products through a network of retail, commercial, and bulk petroleum outlets, as well as wholesale channels. Cenovus Energy Inc. was founded in 2009 and maintains its corporate headquarters in Calgary, Canada.

Dividend Snapshot

StatusRecently Increased
Last Dividend$0.1581Paid Sep 29, 2026
Forward Annual$0.63From the $0.1581 dividend declared Jul 29, 2026
FrequencyQuarterly
Last Ex-DateSep 15, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth13.9%Annual totals, 2024–2025
10-Yr Growth-3.1%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

84/100

Very strong indicators

Complete data

Dividend Growth Score

59/100

Moderate growth record

Complete data

Dividend Value Score

Not Rated

only 40% of the inputs available (60% needed)

DividendRank

66/100

Upper middle of the scale

Partial data

How the Dividend Safety Score is built for CVE
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 23% (TTM to Jun 30, 2026) 100 20%
FCF payout ratioFCF payout ratio 20% (TTM to Jun 30, 2026) 100 25%
Net debt / EBITDANet debt / EBITDA 0.6x (TTM to Jun 30, 2026) 100 15%
Interest coverageInterest coverage 20.1x (TTM to Jun 30, 2026) 100 10%
Dividend record5 years of uninterrupted regular payments; suspension Jun 11, 2020, within 10 years: capped at 20 20 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for CVE
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 65.7% (2020–2025) 100 25%
Consecutive annual increases5 consecutive annual increases (through 2025) 60 20%
Payout headroomHeadroom from the earnings payout ratio 23% (TTM to Jun 30, 2026) 100 20%
Earnings per share growth (3 years)EPS CAGR -12.4% (FY2022–FY2025) 0 15%
Revenue growth (3 years)Revenue CAGR -11.6% (FY2022–FY2025) 10 10%
10-year dividend growth10-year dividend CAGR -3.1% (2015–2025) 10 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

1.92%

At the Oct 19, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.6324

Declared Jul 29, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

60

As of Oct 19, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$15.85 – $33.92

Closes through Oct 16, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

22.91%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

16

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

2.54

Price as of Oct 18, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 84/100, yield 1.92%.
A Accelerating
5 consecutive years of dividend increases.
F Flawless
The record shows a gap in the regular dividend of more than 1.5 times its usual interval (a payment was due around June 2020).
E Enduring
16 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume7,499,217Oct 16, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$32.45Oct 16, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$32.26 – $33.07Oct 16, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$31.97Close of Oct 15, 2026The closing price from the session before the one dated beside these figures.
Market Cap$60.75BAs of Oct 19, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out1.84BImplied by market cap, Oct 19, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)CAD 3.5812 months to Jun 30, 2026 (Q2 FY2026); reported in CADEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)12.9Price as of Oct 18, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 15, 2026Paid Sep 29, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)28.0%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)65.7%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases5 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose11Since Dec 2009
Rank among payers1015of 2,435 with a record
Years it fell over 20%3in 15 comparable years
Of peers with 10 to 24 up years75%also cut at some point

CVE has raised its annual dividend in 11 separate years since December 2009, which ranks 1015 among the 2,435 payers with a comparable record in our dataset. In 3 years the annual total fell by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 278 of 1079 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

CVE's dividend yield fell from 2.17% to 1.92% over the past ~90 days (-0.25 pp). Of that move, +0.01 pp came from changes in the dividend rate and -0.26 pp from the share price ($28.99 on Jul 22, 2026 → $32.94 on Oct 19, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current1.92%
1-Yr Average2.55%
Low / High1.86% – 3.67%
Percentile3%

Across 275 daily observations over the past 13 months (through Oct 16, 2026), CVE's current yield is higher than approximately 3% of them. Our stored price history for CVE covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.1581 Q Regular Jul 29, 2026 Sep 15, 2026 Sep 15, 2026 Sep 29, 2026
$0.1573 Q Regular May 06, 2026 Jun 15, 2026 Jun 15, 2026 Jun 30, 2026
$0.1456 Q Regular Feb 19, 2026 Mar 13, 2026 Mar 13, 2026 Mar 31, 2026
$0.1453 Q Regular Oct 31, 2025 Dec 15, 2025 Dec 15, 2025 Dec 31, 2025
$0.1449 Q Regular Jul 31, 2025 Sep 15, 2025 Sep 15, 2025 Sep 29, 2025
$0.1473 Q Regular May 08, 2025 Jun 13, 2025 Jun 13, 2025 Jun 30, 2025
$0.1252 Q Regular Feb 20, 2025 Mar 14, 2025 Mar 14, 2025 Mar 31, 2025
$0.1264 Q Regular Oct 31, 2024 Dec 13, 2024 Dec 13, 2024 Dec 31, 2024
$0.1325 Q Regular Aug 01, 2024 Sep 13, 2024 Sep 13, 2024 Sep 27, 2024
$0.1310 Q Regular May 01, 2024 Jun 14, 2024 Jun 14, 2024 Jun 28, 2024
$0.0991 S Special N/A May 16, 2024 May 17, 2024 May 31, 2024
$0.1040 Q Regular Feb 15, 2024 Mar 14, 2024 Mar 15, 2024 Mar 28, 2024
$0.1044 Q Regular Nov 02, 2023 Dec 14, 2023 Dec 15, 2023 Dec 29, 2023
$0.1030 Q Regular Jul 27, 2023 Sep 14, 2023 Sep 15, 2023 Sep 29, 2023
$0.1050 Q Regular Apr 26, 2023 Jun 14, 2023 Jun 15, 2023 Jun 30, 2023
$0.0760 Q Regular Feb 16, 2023 Mar 14, 2023 Mar 15, 2023 Mar 31, 2023
$0.0760 Q Regular Nov 01, 2022 Dec 14, 2022 Dec 15, 2022 Dec 30, 2022
$0.0855 S Special Nov 01, 2022 Nov 17, 2022 Nov 18, 2022 Dec 02, 2022
$0.0814 Q Regular Jul 27, 2022 Sep 14, 2022 Sep 15, 2022 Sep 29, 2022
$0.0830 Q Regular Apr 27, 2022 Jun 14, 2022 Jun 15, 2022 Jun 30, 2022
$0.0280 Q Regular Feb 08, 2022 Mar 14, 2022 Mar 15, 2022 Mar 31, 2022
$0.0270 Q Regular Nov 03, 2021 Dec 14, 2021 Dec 15, 2021 Dec 31, 2021
$0.0140 Q Regular Jul 28, 2021 Sep 14, 2021 Sep 15, 2021 Sep 30, 2021
$0.0144 Q Regular May 10, 2021 Jun 14, 2021 Jun 15, 2021 Jun 30, 2021
$0.0140 A Regular Feb 08, 2021 Mar 12, 2021 Mar 15, 2021 Mar 31, 2021
$0.0451 Q Regular Feb 12, 2020 Mar 12, 2020 Mar 13, 2020 Mar 31, 2020
$0.0474 Q Regular Jan 01, 1900 Dec 12, 2019 Dec 13, 2019 Dec 31, 2019
$0.0379 Q Regular Jul 24, 2019 Sep 12, 2019 Sep 13, 2019 Sep 30, 2019
$0.0373 Q Regular Apr 23, 2019 Jun 13, 2019 Jun 14, 2019 Jun 28, 2019
$0.0500 Q Regular Feb 12, 2019 Mar 14, 2019 Mar 15, 2019 Mar 29, 2019
$0.0500 Q Regular Oct 30, 2018 Dec 13, 2018 Dec 14, 2018 Dec 31, 2018
$0.0384 Q Regular Jul 26, 2018 Sep 13, 2018 Sep 14, 2018 Sep 28, 2018
$0.0389 Q Regular Apr 24, 2018 Jun 14, 2018 Jun 15, 2018 Jun 29, 2018
$0.0386 Q Regular Feb 14, 2018 Mar 14, 2018 Mar 15, 2018 Mar 29, 2018
$0.0389 Q Regular Nov 01, 2017 Dec 14, 2017 Dec 15, 2017 Dec 29, 2017
$0.0500 Q Regular Jul 28, 2017 Sep 14, 2017 Sep 15, 2017 Sep 29, 2017
$0.0378 Q Regular Apr 26, 2017 Jun 13, 2017 Jun 15, 2017 Jun 30, 2017
$0.0372 Q Regular Feb 16, 2017 Mar 13, 2017 Mar 15, 2017 Mar 31, 2017
$0.0376 Q Regular Oct 28, 2016 Dec 13, 2016 Dec 15, 2016 Dec 30, 2016
$0.0378 Q Regular Jul 28, 2016 Sep 13, 2016 Sep 15, 2016 Sep 30, 2016
$0.0390 Q Regular Apr 27, 2016 Jun 13, 2016 Jun 15, 2016 Jun 30, 2016
$0.0370 Q Regular Feb 11, 2016 Mar 11, 2016 Mar 15, 2016 Mar 31, 2016
$0.1170 Q Regular Oct 30, 2015 Dec 11, 2015 Dec 15, 2015 Dec 31, 2015
$0.1210 Q Regular Jul 30, 2015 Sep 11, 2015 Sep 15, 2015 Sep 30, 2015
$0.2662 Q Regular Apr 29, 2015 Jun 11, 2015 Jun 15, 2015 Jun 30, 2015
$0.2662 Q Regular Feb 12, 2015 Mar 11, 2015 Mar 13, 2015 Mar 31, 2015
$0.2662 Q Regular Oct 23, 2014 Dec 11, 2014 Dec 15, 2014 Dec 31, 2014
$0.2662 Q Regular Jul 30, 2014 Sep 11, 2014 Sep 15, 2014 Sep 30, 2014
$0.2662 Q Regular Apr 30, 2014 Jun 11, 2014 Jun 13, 2014 Jun 30, 2014
$0.2662 Q Regular Feb 13, 2014 Mar 12, 2014 Mar 14, 2014 Mar 31, 2014
$0.2420 Q Regular Oct 24, 2013 Dec 11, 2013 Dec 13, 2013 Dec 31, 2013
$0.2420 Q Regular Jul 24, 2013 Sep 11, 2013 Sep 13, 2013 Sep 30, 2013
$0.2420 Q Regular Apr 24, 2013 Jun 12, 2013 Jun 14, 2013 Jun 28, 2013
$0.2420 Q Regular Feb 14, 2013 Mar 13, 2013 Mar 15, 2013 Mar 28, 2013
$0.2200 Q Regular Oct 25, 2012 Dec 12, 2012 Dec 14, 2012 Dec 31, 2012
$0.2200 Q Regular Jul 25, 2012 Sep 12, 2012 Sep 14, 2012 Sep 28, 2012
$0.2200 Q Regular Apr 26, 2012 Jun 13, 2012 Jun 15, 2012 Jun 29, 2012
$0.2200 Q Regular Feb 17, 2012 Mar 13, 2012 Mar 15, 2012 Mar 30, 2012
$0.2000 Q Regular Oct 27, 2011 Dec 13, 2011 Dec 15, 2011 Dec 30, 2011
$0.2000 Q Regular Jul 27, 2011 Sep 13, 2011 Sep 15, 2011 Sep 30, 2011
$0.2000 Q Regular Apr 28, 2011 Jun 13, 2011 Jun 15, 2011 Jun 30, 2011
$0.2000 Q Regular Feb 22, 2011 Mar 11, 2011 Mar 15, 2011 Mar 31, 2011
$0.2000 Q Regular Oct 29, 2010 Dec 13, 2010 Dec 15, 2010 Dec 31, 2010
$0.2000 Q Regular Jul 30, 2010 Sep 13, 2010 Sep 15, 2010 Sep 30, 2010
$0.2000 Q Regular Apr 30, 2010 Jun 11, 2010 Jun 15, 2010 Jun 30, 2010
$0.2000 Q Regular Feb 18, 2010 Mar 11, 2010 Mar 15, 2010 Mar 31, 2010
$23.5500 W Special N/A Dec 09, 2009 N/A N/A

Peer Comparison

Selected Oil & Gas Integrated dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
NFG National Fuel Gas Company 2.78% 3.7% 27 yrs 71
CVE.TO Cenovus Energy Inc. 1.89% 65.7% 5 yrs 70
REPYF Repsol, S.A. 3.67% 3.4% 3 yrs 64
TTE TotalEnergies SE 4.47% 4.2% 0 yrs 63

CVE dividend — frequently asked questions

Does Cenovus Energy Inc. pay a dividend?

Yes. Cenovus Energy Inc. (CVE) currently pays a dividend. The annualized dividend is about $0.63 per share, a yield of approximately 1.92%.

What is Cenovus Energy Inc.'s dividend yield?

Cenovus Energy Inc.'s dividend yield is approximately 1.92%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Cenovus Energy Inc. pay dividends?

Cenovus Energy Inc. pays dividends quarterly — 4 times per year.

How long has Cenovus Energy Inc. paid dividends?

Cenovus Energy Inc. has 16 years of dividend payments on record, and has increased its dividend for 5 consecutive years.

Data updated Oct 19, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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