Dividend Growth of Canadian Natural Resources Limited(CNQ)

Canadian Natural Resources Limited(CNQ) is having a Dividend Yield of 2.45% with the Annual cash Dividend per share of $0.71. The last quarter cash dividend per share pay out was $0.19. Canadian Natural Resources Limited has a 5 year average dividend yield of 2.07% and the stock has a Indicated annual dividend of $0.74. Canadian Natural Resources Limited(CNQ) formally announced its most recent dividend on November 4, 2016 with a Dividend per share of $0.19. The new indicated annual dividend based on announced dividend per share is $0.74. The dividend yield based on the forward looking indicated annual dividend is 2.45%. The 5 year historical dividend growth of Canadian Natural Resources Limited(CNQ) is at the rate of 14.06% while the R-Squared dividend growth is 0.55. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Canadian Natural Resources Limited (NYSE:CNQ) witnessed a decline in the market cap on Thursday as its shares dropped 0.23% or 0.07 points. After the session commenced at $30.58, the stock reached the higher end at $31.09 while it hit a low of $30.26. With the volume soaring to 3,044,904 shares, the last trade was called at $30.34. The company has a 52-week high of $35.28. The company has a market cap of $33,498 million and there are 1,104,100,000 shares in outstanding. The 52-week low of the share price is $19.045. Shares of Canadian Natural Resources Limited appreciated by 2.15% during the last five trading days but lost 0.91% on a 4-week basis. Canadian Natural Resources Limited has dropped 4.03% during the last 3-month period . Year-to-Date the stock performance stands at -4.83%.

Currently the company Insiders own 5% of Canadian Natural Resources Limited shares according to the proxy statements. Institutional Investors own 68.05% of Canadian Natural Resources Limited shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Canadian Natural Resource Ltd (USA) was Upgraded by Desjardins to Buy on Feb 2, 2017. Canadian Natural Resource Ltd (USA) was Initiated by Wells Fargo to Outperform on Dec 16, 2016.

Canadian Natural Resource Ltd (USA) Last issued its quarterly earnings results on Mar 3, 2016. The company reported $-0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $-0.12. The company had revenue of $2793.00 million for the quarter, compared to analysts expectations of $2658.22 million. The companys revenue was down -36.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.10 EPS.

Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. The Companys operations are focused in Western Canada, the North Sea and Offshore West Africa.

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