Cenovus Energy Inc Declares Quarterly Dividend of $0.18

Cenovus Energy Inc has announced its quarterly dividend, with shares trading ex-dividend at 1.38%. This may result in a stock price adjustment when it opens on March 14, 2025. Investors should monitor dividend trends moving forward.

Date: 12-03-2025

AI Rating: 6

Dividend Details
Cenovus Energy Inc (CVE) will trade ex-dividend on March 14, 2025, for a quarterly dividend of $0.18. With this dividend's yield estimated at approximately 1.38%, investors can expect a drop in shares by this percentage at market open if conditions remain constant.

Performance Metrics
The current estimated annual yield is noted to be 5.52%. The analysis indicates that while dividends are generally unpredictable, historical performance can provide insight into potential future dividends.

The stock has fluctuated within a 52-week range of $12.075 to $21.90, with recent trades reflecting a value of $13.15. This suggests a moderate performance amid the broader market as the share garners a slight increase of about 0.8% in Wednesday trading. The dividend declaration, along with the stock's trading range, signals a stable performance, although investors should be cautious of the inherent risks regarding continuity of dividends. The data does not provide specific insights into earnings per share (EPS), revenue growth, net income, or profit margins, but the dividend history could indicate investor confidence in the company’s cash flow stability.

Stocks: CVE