Cenovus Energy Inc (TSE:CVE) (NYSE:CVE) declared a quarterly dividend on Thursday, February 15th, RTT News reports. Investors of record on Thursday, March 15th will be paid a dividend of 0.05 per share on Thursday, March 29th. This represents a $0.20 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date is Wednesday, March 14th.
Cenovus Energy (CVE) opened at C$10.48 on Tuesday. Cenovus Energy has a fifty-two week low of C$8.89 and a fifty-two week high of C$17.81. The firm has a market capitalization of $12,880.00, a price-to-earnings ratio of 5.01 and a beta of 0.47.
In related news, insider Keith Chiasson acquired 2,635 shares of the business’s stock in a transaction on Monday, March 5th. The shares were bought at an average cost of C$9.60 per share, with a total value of C$25,296.00.
About Cenovus Energy
Cenovus Energy Inc is a Canada-based integrated oil company. It operates in the business of developing, producing and marketing crude oil, Natural Gas Liquids (NGLs) and natural gas in Canada. The Company also conducts marketing activities and owns refining interests in the United States (U.S.). Its segments include: Oil Sands, which includes the development and production of bitumen and natural gas in northeast Alberta; Conventional, which includes the development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan, including the heavy oil assets at Pelican Lake, the carbon dioxide (CO2) enhanced oil recovery (EOR) project at Weyburn and emerging tight oil opportunities; Refining and Marketing, which includes transporting and selling crude oil and natural gas and joint ownership of refineries in the U.S., as well as Corporate and Eliminations.
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