Cenovus Energy Inc. (CVE) to Issue Quarterly Dividend of $0.22 on September 29th

Cenovus Energy Inc. (TSE:CVE) (NYSE:CVE) announced a quarterly dividend on Tuesday, September 15th. Shareholders of record on Tuesday, September 29th will be paid a dividend of 0.22 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Cenovus Energy Price Performance

Shares of CVE traded down C$0.27 during midday trading on Friday, hitting C$45.89. 4,285,197 shares of the company traded hands, compared to its average volume of 7,426,322. The firm has a 50 day moving average of C$41.89 and a 200-day moving average of C$38.33. Cenovus Energy has a 52 week low of C$21.62 and a 52 week high of C$47.13. The stock has a market cap of C$84.63 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 0.09 and a beta of 0.19. The company has a debt-to-equity ratio of 34.01, a quick ratio of 1.00 and a current ratio of 1.63.

Cenovus Energy (TSE:CVE) (NYSE:CVE) last issued its quarterly earnings data on Wednesday, July 29th. The company reported C$1.53 earnings per share for the quarter. Cenovus Energy had a return on equity of 21.02% and a net margin of 12.37%.The firm had revenue of C$17.43 billion during the quarter. On average, analysts forecast that Cenovus Energy will post 2.2619279 EPS for the current fiscal year.

About Cenovus Energy

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.