Cenovus Energy Inc. · CVE · NYSE
Dividend report · updated Nov 11, 2026
$28.42 +2.71% on the day, +$0.75
CVE stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is CVE’s dividend Very Safe or High Risk? 12 checks scored. Payout ratio, raise streak, recession record and 9 more. Show the rating
Yearly payout / yield
$0.63·2.22%
$0.158 quarterly x 4 ⓘ
Next payment
~$0.158/qtr
pays ~Dec 18 (est.) ⓘ
Next ex-date
Dec 15est.
own by Dec 14 ⓘ
Years without a cut
5 yrs
4 yrs of raises ⓘ
Paying since
2009
65 payments on file
Yield vs history ⓘ
57
Near its usual yield
CVE share price & total return
Daily closing price, adjusted for stock splits.
CVE stock page »All dividend lists »Build a portfolio around CVE »
DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
CVE Dividend Growth (CAGR)
1Y +9.0%3Y +15.0%5Y +42.2%10Y +2.7%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). The enlarge button shows all 65 payments since 2009.
Annual dividends and growth
Total paid per share in each calendar year; 2026 YTD is paid so far, the amounts vary too much to estimate the rest. Years with an extra or a missing payment (dates sliding across New Year) are compared per payment.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: +19.08% a year, its typical raise over the last 5 years. 1 one-off jump of 2x or more is left out. From 2029 it slows by a quarter each year. Today's $0.63 a year would be $1.23 by 2031 - 4.31% on today's $28.42 price.

How Many CVE Shares for $500 or $1,000 a Month?

At $0.63 a share a year, $500 a month takes about 9,494 CVE shares, about $269,819 at the Nov 11, 2026 close of $28.42. $1,000 a month takes about 18,988 shares, about $539,639. Before taxes, and only while the rate holds.

Cenovus Energy (CVE) pays $0.158 a share quarterly, $0.63 a year, a 2.22% run-rate yield at the Nov 11, 2026 close of $28.42. It has paid since 2009 and raised its annual dividend 4 years in a row.

At today’s rate of $0.158 quarterly and the last close of $28.42, this is what CVE pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.158$0.05$0.63
100 shares$15.80$5.27$63.20
$10,000 invested (351.9 shares)$55.59$18.53$222.38
9,494 shares ($500/mo)$1,500.05$500.02$6,000.21
18,988 shares ($1,000/mo)$3,000.10$1,000.03$12,000.42

With DRIP on, every payment buys more shares instead of landing as cash. 100 CVE shares reinvest into 0.56 new shares each payment, about 2.2 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 180 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with CVE’s own history in the CVE DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See CVE’s rating and its 12 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (FCF): is spare cash enough to pay the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

CVE Dividend Yield Today vs Its 5-Year Range

57/100Near its usual yieldvs its 5-yr history
  • CVE yields 2.22% today, at the Nov 11, 2026 close of $28.42.
  • Its own 5-year median is 2.08%, so today’s yield is near its usual level.
Last 5 years: lowest to highest month-end yield
0.24% low4.32% high
Blue mark = today, grey = its 5-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 5 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is CVE’s Next Dividend? Ex-Date and Pay Date After September 2026

CVE has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 15, 2026, with the cash around Dec 18, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.158 a share, went ex on Sep 15, 2026 and paid Sep 17, 2026.

  • Ex-dates: about every 91 days (quarterly)
  • Payment: usually about 3 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does CVE Pay?

CVE pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.

Paid in the last 12 months
$0.61 a share, in 4 payments.
+11.7% against the 12 months before ($0.54 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, Jun, Sep and Dec. Ex-dates fall in Mar, Jun, Sep and Dec (latest 4 payments).
Raise history
  • Streak: 4 years of higher annual totals (through 2025)
  • Last raise: Dec 13, 2010 - $0.193 to $0.198 (+$0.005, +2.59%)
Coverage
  • EPS payout: 18.5% - $0.61 paid / $3.30 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 24.7% (median of 12 earlier trailing years)
  • FCF payout: 15.0% - $0.61 paid / $4.06 free cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 24.7% (median of 12 earlier trailing years)

CVE vs Similar Dividend Stocks (FANG, DVN...)

Against the 10 dividend-paying Energy companies closest to CVE in market value, CVE’s 2.22% run-rate yield is below the group’s middle yield of 2.71%, and its raise streak of 4 years is the 2nd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating Recessions ⓘ No cut ⓘ
CVE $28.42Cenovus Energy $0.158/qtr$0.63/yr fwd 2.22% Dividend Safety Rating: paid plans only — 5 yrsraised 4 yrs in a row
FANG $178.07Diamondback Energy $1.10/qtr$4.40/yr fwd 2.47% Dividend Safety Rating: paid plans only Raised in both2020 raised2022 raisedno 2000/2008 record 7+ yrsno raise streak
DVN $43.42Devon Energy $0.32/qtr$1.28/yr fwd 2.95% Dividend Safety Rating: paid plans only Varied, no cut2000 raised2008 raised2020 raised2022 varied 2 yrsraised 1 yr in a row
BKR $47.75Baker Hughes $0.23/qtr$0.92/yr fwd 1.93% Dividend Safety Rating: paid plans only No cut in all 42000 held2008 raised2020 held2022 raised 37+ yrsraised 4 yrs in a row
EBGEF $25.00Enbridge $0.418/qtr$1.67/yr fwd 6.69% Dividend Safety Rating: paid plans only — 2+ yrsraised 2 yrs in a row
OKE $87.36ONEOK $1.07/qtr$4.28/yr fwd 4.90% Dividend Safety Rating: paid plans only No cut in all 42000 raised2008 raised2020 held2022 raised 37 yrsraised 3 yrs in a row
OXY $56.89Occidental Petroleum $0.28/qtr$1.12/yr fwd 1.97% Dividend Safety Rating: paid plans only Cut in 20202000 raised2008 raised2020 cut2022 raised 5 yrsraised 4 yrs in a row
DELKY $24.90Delek Group $0.4616/qtr$1.85/yr fwd 7.42% Dividend Safety Rating: paid plans only — 3+ yrsraised 2 yrs in a row
MPLX $56.70MPLX Lp $1.211/qtr$4.84/yr fwd 8.54% Dividend Safety Rating: paid plans only No cut in both2020 held2022 raisedno 2000/2008 record 12+ yrsraised 3 yrs in a row
IMO $123.28Imperial Oil Limited $0.631/qtr$2.52/yr fwd 2.05% Dividend Safety Rating: paid plans only No cut in all 42000 held2008 held2020 raised2022 raised 37+ yrsraised 10 yrs in a row
LNG $293.50Cheniere Energy $0.625/qtr$2.50/yr fwd 0.85% Dividend Safety Rating: paid plans only — 3+ yrsraised 3 yrs in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: CVE vs FANG, CVE vs DVN, CVE vs BKR.

CVE Dividend History: Every Payment Since 2009

Ex-datePay dateAmountFrequencyType
Sep 15, 2026Sep 17, 2026$0.158QuarterlyRegular
Jun 15, 2026Jun 17, 2026$0.157QuarterlyRegular
Mar 13, 2026Mar 16, 2026$0.147QuarterlyRegular
Dec 15, 2025Dec 31, 2025$0.1453QuarterlyRegular
Sep 15, 2025Sep 29, 2025$0.1449QuarterlyRegular
Jun 13, 2025Jun 16, 2025$0.147QuarterlyRegular
Mar 14, 2025Mar 17, 2025$0.125QuarterlyRegular
Dec 13, 2024Dec 16, 2024$0.127QuarterlyRegular
Sep 13, 2024Sep 16, 2024$0.133QuarterlyRegular
Jun 14, 2024Jun 17, 2024$0.131QuarterlyRegular
The other 55 CVE payments come with a paid plan.
Show all 65 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for CVE

UnlockDividend Safety Rating: paid plans only
See where CVE lands, and why.
See the rating & factors »
Own CVE? Your payouts fill in by themselves Add CVE once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track CVE →

CVE Dividend Questions

How often does CVE pay dividends?

CVE pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.

Does CVE pay dividends monthly?

No. CVE pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next CVE dividend?

CVE has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 15, 2026, with the cash around Dec 18, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.158 a share, went ex on Sep 15, 2026 and paid Sep 17, 2026. The current rate is $0.158 per share, $0.63 a year.

Does CVE pay a dividend in December 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Dec 15, 2026, with the cash around Dec 18, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.

How much does CVE pay per share?

CVE pays $0.158 a share quarterly, $0.63 a year. At the Nov 11, 2026 close of $28.42 that is a 2.22% run-rate yield, near its usual level: its own 5-year median is 2.08%.

Has CVE raised its dividend?

Yes. CVE has raised its annual dividend 4 years in a row, through 2025. The latest raise, on Dec 13, 2010, took the rate from $0.193 to $0.198 (+2.59%). Over five years the dividend grew 42.2% a year.

Is CVE’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. CVE paid out 18% of its earnings and 15% of its free cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 4 years in a row and gone 5 years without a cut. This is data, not investment advice. The full 12-check rating comes with a plan.

How do I track my CVE dividends?

Add CVE to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run CVE in the DRIP calculator.

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How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 11, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 12 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.