Canadian Natural Resources Limited Announces Quarterly Dividend

Rhea-AI Summary

Canadian Natural Resources (TSX: CNQ, NYSE: CNQ) announced a 6.4% increase to its quarterly cash dividend to $0.625 per common share, up from $0.5875. The dividend is payable April 7, 2026 to shareholders of record at close of business on March 20, 2026.

The company noted 2026 marks its 26th consecutive year of dividend increases with a reported 20% CAGR over that period, citing confidence in its balance sheet and long-life reserves.

Positive

• Dividend raised 6.4% to $0.625 per share
• 26 consecutive years of dividend increases
• 20% CAGR in dividends over 26 years

Negative

• None.

Calgary, Alberta--(Newsfile Corp. - March 5, 2026) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 6.4% increase to its quarterly cash dividend on its common shares to $0.625 (sixty-two and one half cents) per common share, up from the previous quarterly cash dividend of $0.5875 (fifty-eight and three quarter cents) per common share. The dividend will be payable on April 7, 2026 to shareholders of record at the close of business on March 20, 2026.

The Company has a leading track record of dividend increases, with 2026 being the 26^th consecutive year of dividend increases with a compound annual growth rate ("CAGR") of 20% over that time. This demonstrates the confidence that the Board of Directors has in the sustainability of our business model, our strong balance sheet and the strength of our diverse, long life low decline reserves and asset base.

Canadian Natural is a senior crude oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.

	CANADIAN NATURAL RESOURCES LIMITED T (403) 517-6700     F (403) 517-7350     E ir@cnrl.com 2100, 855 - 2 Street S.W. Calgary, Alberta, T2P 4J8 www.cnrl.com
	SCOTT G. STAUTH President   VICTOR C. DAREL Chief Financial Officer   LANCE J. CASSON Manager, Investor Relations   Trading Symbol - CNQ Toronto Stock Exchange New York Stock Exchange

 

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The Company does not undertake to update forward-looking statements except as required by applicable securities laws. Refer to our website for detailed forward-looking statements and notes regarding Non-GAAP and Other Financial Measures at www.cnrl.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286341

FAQ

What dividend change did Canadian Natural (CNQ) announce on March 5, 2026?

The company increased its quarterly dividend by 6.4% to $0.625 per share, effective for the April 7, 2026 payment. According to the company, the dividend rises from $0.5875 and is payable to holders of record on March 20, 2026.

When will CNQ shareholders receive the April 2026 dividend and what is the record date?

CNQ will pay the quarterly dividend on April 7, 2026, with a record date of March 20, 2026. According to the company, shareholders recorded at close of business on March 20 will be eligible for the April 7 payment.

How long has Canadian Natural (CNQ) been increasing its dividend and what growth rate was reported?

The company reported 26 consecutive years of dividend increases with a 20% CAGR over that period. According to the company, this track record reflects confidence in its balance sheet and long-life reserves.

What does the CNQ dividend increase signal about the company’s financial stance?

The dividend increase signals continued board confidence in cash flow and balance sheet strength. According to the company, the rise and long track record indicate belief in sustainability due to diverse, long-life reserves.

How much was CNQ's previous quarterly dividend before the March 5, 2026 increase?

Prior to the increase, CNQ's quarterly dividend was $0.5875 per common share. According to the company, the new dividend of $0.625 replaces the previous $0.5875 amount for the upcoming payment.