Cenovus Energy Inc. (TSE:CVE – Get Free Report) (NYSE:CVE) announced a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.22 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, June 15th. This is a 10.0% increase from Cenovus Energy’s previous quarterly dividend of $0.20.
Cenovus Energy Trading Down 0.8%
TSE CVE traded down C$0.32 during mid-day trading on Friday, reaching C$39.47. 9,825,353 shares of the stock were exchanged, compared to its average volume of 8,626,258. The stock has a market cap of C$73.60 billion, a P/E ratio of 15.73, a P/E/G ratio of 0.09 and a beta of 0.15. The company has a debt-to-equity ratio of 42.29, a current ratio of 1.57 and a quick ratio of 1.00. Cenovus Energy has a one year low of C$18.45 and a one year high of C$44.13. The stock has a 50 day simple moving average of C$38.63 and a 200-day simple moving average of C$31.49.
Cenovus Energy (TSE:CVE – Get Free Report) (NYSE:CVE) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$0.84 earnings per share for the quarter. The firm had revenue of C$12.36 billion during the quarter. Cenovus Energy had a return on equity of 15.23% and a net margin of 9.52%. On average, analysts anticipate that Cenovus Energy will post 2.2619279 EPS for the current year.
Cenovus Energy Company Profile
Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 472 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds 6.7 billion boe of proven and probable reserves.
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