Cenovus Energy Inc. (TSE:CVE) Declares Quarterly Dividend of $0.22

Cenovus Energy Inc. (TSE:CVEGet Free Report) (NYSE:CVE) announced a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Investors 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 Stock Down 0.8%

Cenovus Energy stock traded down C$0.32 during mid-day trading on Friday, hitting C$39.47. The company had a trading volume of 9,825,353 shares, compared to its average volume of 8,626,258. The company has a current ratio of 1.57, a quick ratio of 1.00 and a debt-to-equity ratio of 42.29. The stock’s 50 day moving average price is C$38.63 and its two-hundred day moving average price is C$31.49. Cenovus Energy has a 12 month low of C$18.45 and a 12 month high of C$44.13. The company has a market capitalization of C$73.60 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 0.09 and a beta of 0.15.

Cenovus Energy (TSE:CVEGet Free Report) (NYSE:CVE) last released its earnings results on Wednesday, May 6th. The company reported C$0.84 EPS for the quarter. Cenovus Energy had a return on equity of 15.23% and a net margin of 9.52%.The business had revenue of C$12.36 billion for the quarter. As a group, sell-side analysts anticipate that Cenovus Energy will post 2.2619279 earnings per share for the current fiscal year.

About Cenovus Energy

(Get Free Report)

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.

See Also

Dividend History for Cenovus Energy (TSE:CVE)

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