Canadian Natural Resources Limited (NYSE:CNQ) to Issue Quarterly Dividend of C$0.62

Posted by George Bondi on Aug 6th, 2026

Canadian Natural Resources Limited (NYSE:CNQ – Get Free Report) (TSE:CNQ) announced a quarterly dividend on Thursday, August 6th. Investors of record on Friday, September 11th will be paid a dividend of 0.625 per share by the oil and gas producer on Friday, October 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date is Friday, September 11th.

Canadian Natural Resources has raised its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 24 years. Canadian Natural Resources has a payout ratio of 75.1% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities research analysts expect Canadian Natural Resources to earn $3.57 per share next year, which means the company should continue to be able to cover its $1.81 annual dividend with an expected future payout ratio of 50.7%.

Canadian Natural Resources Price Performance

Canadian Natural Resources stock traded up $0.76 during midday trading on Thursday, hitting $45.51. 7,150,429 shares of the company’s stock were exchanged, compared to its average volume of 9,999,620. Canadian Natural Resources has a 52-week low of $29.30 and a 52-week high of $51.34. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.98. The company has a market cap of $94.17 billion, a P/E ratio of 13.59 and a beta of 0.46. The stock has a 50-day moving average price of $43.61 and a two-hundred day moving average price of $44.04.

Canadian Natural Resources (NYSE:CNQ – Get Free Report) (TSE:CNQ) last posted its quarterly earnings data on Thursday, August 6th. The oil and gas producer reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.15. Canadian Natural Resources had a net margin of 22.04% and a return on equity of 17.49%. On average, equities research analysts forecast that Canadian Natural Resources will post 3.89 earnings per share for the current year.

More Canadian Natural Resources News

Here are the key news stories impacting Canadian Natural Resources this week:

Positive Sentiment: Profit beat expectations: CNQ reported second-quarter earnings of $1.58 per share, above the $1.43 consensus estimate and up substantially from $0.51 a year earlier. The company benefited from higher crude prices as well as increased oil and natural-gas production. Canadian Natural Resources beats quarterly profit estimates
Positive Sentiment: Production outlook raised: Management increased its full-year production guidance after a significant increase in second-quarter output, signaling stronger-than-expected operating momentum. Canadian Natural raises full-year production outlook after big bump in Q2 output
Positive Sentiment: Operational records: Canadian Natural said it achieved eight new operational and financial records during the quarter. Oil sands mining production reached approximately 625,000 barrels per day, a quarterly record, while upgrader utilization was 106%. Canadian Natural Resources Limited Announces 2026 Second Quarter Results
Positive Sentiment: Dividend supports income appeal: The board declared a quarterly dividend of C$0.625 per share, equivalent to C$2.50 annually, payable October 2 to shareholders of record on September 11. The dividend represents an indicated yield of about 5.5%. Canadian Natural Resources Limited Announces Quarterly Dividend
Neutral Sentiment: Commodity-price exposure remains: The earnings improvement was partly driven by higher crude prices, so future results and investor sentiment will remain sensitive to oil and natural-gas prices, supply conditions and energy-market volatility.

About Canadian Natural Resources

(Get Free Report)

Canadian Natural Resources Limited (NYSE: CNQ) is a Calgary-based independent oil and natural gas exploration and production company. Established in the early 1970s and publicly listed in Canada and the United States, the company is principally engaged in the exploration, development, production, and marketing of crude oil, natural gas and natural gas liquids. Its asset base spans conventional and unconventional reservoirs and includes oil sands mining and in-situ thermal projects, midstream processing and upgrading capacity, and related field operations.

The company’s operations are concentrated in Western Canada, where it develops heavy crude, bitumen from oil sands and conventional light crude and natural gas resources.