Dividend up 6.4% at Canadian Natural Resources (NYSE: CNQ)

Rhea-AI Filing Summary

Canadian Natural Resources Limited announced that its Board of Directors approved a 6.4% increase to the quarterly cash dividend on its common shares to $0.625 per share, up from $0.5875 per share. The dividend is payable on April 7, 2026 to shareholders of record on March 20, 2026.

The company highlights 2026 as its 26th consecutive year of dividend increases, with a dividend compound annual growth rate of 20% over that period, reflecting Board confidence in its business model, balance sheet and long life, low decline oil and gas asset base.

Insights

Dividend and capital allocation analyst

Dividend raised 6.4%, extending a 26-year growth streak.

Canadian Natural Resources increased its quarterly dividend from $0.5875 to $0.625 per share, a 6.4% boost, effective for shareholders of record on March 20, 2026, with payment on April 7, 2026. This continues a long-running pattern of rising cash returns.

The company notes a 20% compound annual growth rate in dividends over 26 years, linking this track record to a strong balance sheet and long life, low decline reserves across Western Canada, the U.K. North Sea and Offshore Africa. Future dividend sustainability will depend on commodity prices and operating performance, which will be reflected in subsequent disclosures.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

Dated: March 6, 2026

Commission File Number: 333-12138

CANADIAN NATURAL RESOURCES LIMITED

(Exact name of registrant as specified in its charter)

2100, 855 - 2ND Street S. W., Calgary, Alberta T2P 4J8

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ____          Form 40-F    X   

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(1): ____

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(7): ____

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Exhibit Number			Description
99.1			Press Release Dated March 5, 2026
			Canadian Natural Resources Limited Announces Quarterly Dividend

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

			Canadian Natural Resources Limited (Registrant)
Date: March 6, 2026			By:			/s/ Stephanie A. Graham
						Stephanie A. Graham
						Corporate Secretary and Associate General Counsel, Canada

CANADIAN NATURAL RESOURCES LIMITED

ANNOUNCES QUARTERLY DIVIDEND

CALGARY, ALBERTA – MARCH 5, 2026 – FOR IMMEDIATE RELEASE

Canadian Natural Resources Limited 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 26th 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.

FAQ

What dividend did Canadian Natural Resources Limited (CNQ) just declare?

Canadian Natural Resources Limited declared a quarterly cash dividend of $0.625 per common share. This represents the new regular dividend level set by the Board of Directors and will be paid in cash to eligible shareholders holding common shares on the specified record date.

How much did CNQ increase its quarterly dividend in this announcement?

CNQ increased its quarterly dividend by 6.4%, from $0.5875 to $0.625 per share. The change reflects the Board’s decision to raise cash returns to shareholders while emphasizing confidence in the company’s long life, low decline crude oil and natural gas asset base.

When will Canadian Natural Resources pay the new $0.625 dividend?

The $0.625 per share dividend will be payable on April 7, 2026. Shareholders must be on record at the close of business on March 20, 2026 to receive this payment, aligning the entitlement date and payment date clearly in the company’s disclosure.

What is Canadian Natural Resources’ dividend growth track record as of 2026?

As of 2026, Canadian Natural Resources has increased its dividend for 26 consecutive years. Over that period, the company reports a 20% compound annual growth rate in its dividend, underscoring a long-standing focus on growing cash returns alongside its global oil and gas operations.

Why does CNQ say its dividend record supports confidence in its business model?

CNQ links its dividend record to confidence in its business model, balance sheet and asset base. Management highlights strong, long life, low decline reserves and diversified operations in Western Canada, the U.K. North Sea and Offshore Africa as foundations supporting sustained dividend growth.

On which exchanges are Canadian Natural Resources Limited shares traded?

Canadian Natural Resources Limited common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol CNQ. This dual listing allows investors in both Canadian and U.S. markets to access the company’s shares and benefit from its dividend policy.

Filing Exhibits & Attachments

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Press Releases

• EX-99.1 EX-99.1 7.3 KB