Cenovus Energy Inc. to Issue Quarterly Dividend of $0.20 (TSE:CVE)

Cenovus Energy Inc. (TSE:CVE) (NYSE:CVE) declared a quarterly dividend on Friday, March 13th, TickerTech Dividends reports. Investors of record on Tuesday, March 31st will be paid a dividend of 0.20 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, March 13th.

Cenovus Energy Trading Up 3.9%

CVE traded up C$1.20 during trading on Wednesday, reaching C$31.97. 4,923,401 shares of the company’s stock were exchanged, compared to its average volume of 9,862,397. The company has a current ratio of 1.57, a quick ratio of 1.00 and a debt-to-equity ratio of 53.80. Cenovus Energy has a one year low of C$14.48 and a one year high of C$32.62. The firm has a fifty day moving average price of C$27.42 and a two-hundred day moving average price of C$25.20. The stock has a market capitalization of C$60.08 billion, a PE ratio of 14.87, a price-to-earnings-growth ratio of 0.09 and a beta of 0.63.

Cenovus Energy (TSE:CVE) (NYSE:CVE) last released its quarterly earnings results on Thursday, February 19th. The company reported C$0.50 earnings per share (EPS) for the quarter. Cenovus Energy had a net margin of 7.91% and a return on equity of 13.16%. The firm had revenue of C$10.88 billion during the quarter. As a group, equities research analysts forecast that Cenovus Energy will post 2.2619279 earnings per share for the current fiscal year.

Cenovus Energy Company Profile

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.