Cenovus Energy Inc.
CVEEnergy · Stock · quarterly payer
$29.79
Add to PortfolioForward Yield
2.17%
Annual Dividend
$0.65
Payout Ratio
32%
5-Yr Growth
24.8%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
CVE Dividend Safety Score
61/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage32% of earnings paid out
Free-cash-flow coverage33% of free cash flow
Balance-sheet strengthDebt/equity of 0.42
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is CVE a good dividend stock?
Yes, with caveatsCenovus Energy Inc. (CVE) pays a quarterly dividend yielding 2.17% ($0.65/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (32%)
- Strong 24.8% 5-yr dividend growth
- 205% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 2.17%
- Payout Ratio
- 32%
- Annual Dividend
- $0.65
- 5-Yr Avg Growth
- 24.8%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.51
- Market Cap
- $55.6B
- P/E Ratio
- 16.5
- 5-Yr Total Return
- 205%
- 52-Week Range
- $13.03 – $32.07
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.1470 | regular |
| Jun 13, 2025 | — | $0.1470 | regular |
| Mar 14, 2025 | — | $0.1250 | regular |
| Dec 13, 2024 | — | $0.1270 | regular |
| Sep 13, 2024 | — | $0.1330 | regular |
| Jun 14, 2024 | — | $0.1310 | regular |
| May 16, 2024 | — | $0.0990 | regular |
| Mar 14, 2024 | — | $0.1040 | regular |
| Dec 14, 2023 | — | $0.1040 | regular |
| Sep 14, 2023 | — | $0.1030 | regular |
| Jun 14, 2023 | — | $0.1050 | regular |
| Mar 14, 2023 | — | $0.0760 | regular |
| Dec 14, 2022 | — | $0.0780 | regular |
| Nov 17, 2022 | — | $0.0860 | regular |
Income Calculator
At $0.65 / yr per share
Per payment (quarterly)$16.25
Annual$65.00
Monthly avg$5.42
