Canadian Natural Resources' Dividend History: Key Facts to Know Before Investing

Canadian Natural Resources Limited (CNQ) has a history of dependable dividend payments and steady increases. The company has a wide portfolio of long-lasting, low-decline assets that generate strong free cash flow even in unstable commodity prices. CNQ has reduced its net debt by $1.4 billion in Q1 2025 and has $5.1 billion in available liquidity. The company offers a quarterly dividend of C$0.5875 per share, its 25th consecutive annual dividend hike, with a dividend yield of 5.53% as of July 15.

Canadian Natural Resources Limited (CNQ), a prominent oil and gas producer, continues to demonstrate financial resilience and a commitment to dividend growth. In the first quarter of 2025, the company reported a significant reduction in net debt, decreasing it by $1.4 billion. This reduction, combined with the company's substantial available liquidity of $5.1 billion, positions CNQ well for future opportunities and shareholder returns [2].

CNQ's dividend history is marked by dependability and steady increases. The company recently raised its quarterly dividend to C$0.5875 per share, representing its 25th consecutive annual dividend hike. This dividend increase, along with a consistent dividend yield of 5.53% as of July 15, underscores the company's commitment to shareholder payouts [2].

The company's portfolio of long-lasting, low-decline assets generates strong free cash flow, even during periods of unstable commodity prices. This stable cash flow, coupled with a low break-even point, allows CNQ to maintain operations and support dividends, providing a buffer during market downturns and facilitating growth when conditions improve [2].

Financial analysts have provided mixed ratings for CNQ, with a consensus rating of "Moderate Buy" and an average target price of $63.00. However, the company's recent performance and financial health indicate a strong position within the oil and gas sector [1].

In summary, Canadian Natural Resources Limited's consistent dividend growth, strong financial position, and stable cash flow make it an attractive investment for income-oriented investors and financial professionals seeking reliable returns.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-dakota-wealth-management-sells-28741-shares-of-canadian-natural-resources-limited-nysecnq-2025-07-15/
[2] https://finviz.com/news/106012/cnqs-dividend-history-what-investors-should-know-before-buying