CNQ – Dividend Returns, History & Calculator

Dividend Contender 10 Years

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Afric

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Company Info

Symbol CNQ
Company Canadian Natural Resources Limi
Sector Energy
Industry Oil & Gas E&P
Website Visit
Market Cap $68,665.1M

Price Data

Price $32.94
Price Change -0.49
Price Change % -1.47%
Next Earnings Report Nov 6, 2025
Low (52W) $24.65
High (52W) $34.97

Dividend Data

Div Yield 5.25%
5Y Avg Yield 5.09%
Current Div $0.432
Payouts/Year 4
Annualized $1.728
Previous Div $0.410
Ex-date Dec 12, 2025
Dividend Pay Date Jan 6, 2026

Growth Rates

Chowder Number 20.9
DGR 1Y -19.3%
DGR 3Y -9.5%
DGR 5Y 15.7%
DGR 10Y 13.2%

Total Returns

TTR 1Y - With Specials 2.0%
TTR 3Y - With Specials 9.1%
TTR 1Y - No Specials 2.0%
TTR 3Y - No Specials 9.1%

Fair Value

Fair Value (P/E 10) $20.90
FV (P/E 10) % 58.0%
Fair Value (Peter Lynch) $56.25
FV (Peter Lynch) % -41.0%
Fair Value (Blended) $25.79
FV (Blended) % 28.0%

Financial Metrics

Revenue 1Y -0.9%
NPM 17.2%
CF/Share $7.09
ROE 16.6%
Current R 0.9x
Debt/Capital 29.0%
ROTC 11.8%
P/E 14.6x
P/BV 1.7x
📊 Financial data last updated: November 24, 2025 3:27 pm (Data may be stale)

Calculate your CNQ Dividend Returns

Quickly and easily calculate CNQ dividend yield using our CNQ calculator. Adjust the fields below to see how your CNQ investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: December 6, 2025 9:47 am

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,000289$34.66$0.434.99%4.99%$546$546339$11,746
2$13,197339$38.94$0.515.24%5.89%$745$1,291389$15,142
3$17,013389$43.75$0.605.51%6.96%$999$2,290439$19,212
4$21,585439$49.16$0.715.79%8.22%$1,322$3,612490$24,107
5$27,086490$55.23$0.846.09%9.71%$1,734$5,346544$30,020
6$33,729544$62.06$0.996.40%11.46%$2,261$7,607599$37,190
7$41,784599$69.72$1.176.73%13.54%$2,936$10,543659$45,920
8$51,593659$78.34$1.397.08%16.00%$3,803$14,346722$56,597
9$63,589722$88.01$1.647.44%18.89%$4,922$19,268792$69,711
10$78,323792$98.89$1.937.82%22.32%$6,369$25,637869$85,892

CNQ Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
06/13/202506/13/2025$0.4324.79%5.12%$33.78
03/21/202503/21/2025$0.4105.17%5.41%$30.33
12/13/202412/13/2024$0.3904.92%4.96%$31.47
09/13/202409/13/2024$0.3874.78%4.84%$31.97
06/17/202406/17/2024$0.3824.37%4.54%$33.69
03/14/202403/14/2024$0.3903.88%4.24%$36.82
12/07/202312/07/2023$0.3684.46%4.81%$30.64
09/14/202309/14/2023$0.3324.05%4.11%$32.34
06/15/202306/15/2023$0.3384.55%4.86%$27.80
03/16/202303/16/2023$0.3275.92%5.15%$25.42
12/15/202212/15/2022$0.3145.37%4.62%$27.21
09/15/202209/15/2022$0.2855.31%4.21%$27.05
08/22/202208/22/2022$0.5785.05%8.45%$27.33
06/16/202206/16/2022$0.2853.61%4.18%$27.27
03/17/202203/17/2022$0.2902.95%3.86%$30.03
12/09/202112/09/2021$0.2273.85%4.47%$20.31
09/16/202109/16/2021$0.1824.24%4.30%$16.94
06/17/202106/17/2021$0.1884.05%4.37%$17.15
03/18/202103/18/2021$0.1864.57%5.13%$14.49
12/08/202012/08/2020$0.1635.16%5.41%$12.01
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Invest in CNQ with Interactive Brokers

CNQ 10-yr Total Return ($10,000 invested)

This analysis of CNQ demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 18.6% CAGR, representing strong long-term performance. Recent 5-year performance has been particularly strong at 40.4% annually, outpacing the 10-year average. The DRIP strategy provided 19% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (CNQ)

Over the selected period, investing $10,000 in CNQ would grow to $86,610 with DRIP (766.1%), and $63,178 without DRIP (531.8%).

CNQ Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in CNQ with historic price growth (12.35%) and dividend growth (18.12%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $814,518

Annual Dividend: $110,491

Yield on Cost: 324.97%

Total Dividends: $362,584

No DRIP

Portfolio: $333,627

Total Dividends: $134,854

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $12,749,400

Annual Dividend: $2,852,799

Yield on Cost: 6,201.74%

Total Dividends: $7,535,789

No DRIP

Portfolio: $1,449,566

Total Dividends: $789,554

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $55,628 against a total investment of $25,600. At this point, your portfolio is throwing off $16,267 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $47,349, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $362,584 versus $34,000 invested, nearly a 1,066% recovery of capital purely from income. Yield on cost reaches 324.97%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $510,622 is greater than total contributions to date ($40,000), and cumulative dividends exceed $1,526,841.

By year 30, the DRIP snowball is in full force. Yearly income reaches $2,852,799, cumulative dividends total $7,535,789, and the DRIP portfolio value stands at $12,749,400, compared with $1,449,566 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for CNQ, price $34.66, dividend per period $0.43 (4x/year), along with historic growth assumptions: price growth 12.35% and dividend growth 18.12% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for CNQ

Based on past 10-year performance, here are CNQ growth metrics:

Share price CAGR of +14.70%
Dividend CAGR of +16.34%

Using CNQ CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

CNQ (DRIP)CNQ (No DRIP)
Current Price$34.46$34.46
Start Shares290.19290.19
Start Value$10,000$10,000
After 10 years:
Final Share Count492.25290.19
Dividends Payment$7.85$7.85
Annual Dividends$3,654$2,279
Yield on cost36.54%22.79%
Share Price$135.84$135.84
Total Dividends$17,165$12,651
Final Value$66,868$52,071

Estimated Future Value + Dividends – CNQ

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

CNQ Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
06/13/202506/13/2025$0.4324.79%5.12%$33.78
03/21/202503/21/2025$0.4105.17%5.41%$30.33
12/13/202412/13/2024$0.3904.92%4.96%$31.47
09/13/202409/13/2024$0.3874.78%4.84%$31.97
06/17/202406/17/2024$0.3824.37%4.54%$33.69
03/14/202403/14/2024$0.3903.88%4.24%$36.82
12/07/202312/07/2023$0.3684.46%4.81%$30.64
09/14/202309/14/2023$0.3324.05%4.11%$32.34
06/15/202306/15/2023$0.3384.55%4.86%$27.80
03/16/202303/16/2023$0.3275.92%5.15%$25.42
12/15/202212/15/2022$0.3145.37%4.62%$27.21
09/15/202209/15/2022$0.2855.31%4.21%$27.05
08/22/202208/22/2022$0.5785.05%8.45%$27.33
06/16/202206/16/2022$0.2853.61%4.18%$27.27
03/17/202203/17/2022$0.2902.95%3.86%$30.03
12/09/202112/09/2021$0.2273.85%4.47%$20.31
09/16/202109/16/2021$0.1824.24%4.30%$16.94
06/17/202106/17/2021$0.1884.05%4.37%$17.15
03/18/202103/18/2021$0.1864.57%5.13%$14.49
12/08/202012/08/2020$0.1635.16%5.41%$12.01
09/17/202009/17/2020$0.1586.78%7.21%$8.78
06/11/202006/11/2020$0.1556.61%7.12%$8.72
03/19/202003/19/2020$0.14414.74%15.14%$3.79
12/10/201912/10/2019$0.1393.83%3.83%$14.46
09/12/201909/12/2019$0.1394.36%4.48%$12.41
06/13/201906/13/2019$0.1384.05%4.21%$13.06
03/21/201903/21/2019$0.1383.72%3.96%$13.93
09/13/201809/13/2018$0.1263.09%3.22%$15.70
06/14/201806/14/2018$0.1262.98%3.22%$15.71
03/15/201803/15/2018$0.1273.03%3.47%$14.64
12/11/201712/11/2017$0.1052.46%2.47%$16.95
09/14/201709/14/2017$0.1112.50%2.74%$16.15
06/14/201706/14/2017$0.1022.75%2.95%$13.82
03/15/201703/15/2017$0.1002.27%2.48%$16.09
12/07/201612/07/2016$0.0922.14%2.26%$16.27
09/14/201609/14/2016$0.0862.37%2.41%$14.25
06/15/201606/15/2016$0.0882.39%2.49%$14.06
03/16/201603/16/2016$0.0832.54%2.49%$13.33
12/09/201512/09/2015$0.0823.32%3.17%$10.32
09/09/201509/09/2015$0.0843.59%3.39%$9.92
06/10/201506/10/2015$0.0902.54%2.46%$14.61
03/12/201503/12/2015$0.0872.75%2.51%$13.86
12/10/201412/10/2014$0.0952.75%2.67%$14.24
09/10/201409/10/2014$0.0991.96%2.01%$19.75
06/11/201406/11/2014$0.1001.69%1.94%$20.55
03/13/201403/13/2014$0.0981.78%2.26%$17.25
12/11/201312/11/2013$0.0911.70%2.32%$15.75
09/11/201309/11/2013$0.0591.47%1.52%$15.39
06/12/201306/12/2013$0.0591.61%1.72%$13.72
03/14/201303/14/2013$0.0591.34%1.49%$15.75
12/12/201212/12/2012$0.0511.48%1.47%$13.77
09/12/201209/12/2012$0.0521.23%1.32%$15.82
06/13/201206/13/2012$0.0491.47%1.55%$12.75
03/15/201203/15/2012$0.0511.09%1.23%$16.71
12/14/201112/14/2011$0.0431.07%1.04%$16.29
09/14/201109/14/2011$0.0441.00%1.05%$16.79
06/15/201106/15/2011$0.0450.83%0.93%$19.19
03/16/201103/16/2011$0.0440.67%0.79%$22.39
12/15/201012/15/2010$0.0360.69%0.71%$20.40
09/15/201009/15/2010$0.0350.80%0.88%$16.10
06/09/201006/09/2010$0.0340.71%0.83%$16.58
03/10/201003/10/2010$0.0350.60%0.79%$17.78
12/09/200912/09/2009$0.0240.59%0.63%$15.36
09/09/200909/09/2009$0.0240.58%0.64%$14.79
06/10/200906/10/2009$0.0230.60%0.65%$14.09
03/11/200903/11/2009$0.0201.00%0.92%$8.47
12/10/200812/10/2008$0.0191.10%0.95%$8.18
09/10/200809/10/2008$0.0230.51%0.51%$17.83
06/11/200806/11/2008$0.0230.35%0.38%$24.91
03/12/200803/12/2008$0.0250.48%0.56%$17.62
12/12/200712/12/2007$0.0210.47%0.50%$16.57
09/12/200709/12/2007$0.0200.41%0.45%$17.58
06/13/200706/13/2007$0.0190.43%0.48%$16.06
03/14/200703/14/2007$0.0180.53%0.57%$12.48
12/13/200612/13/2006$0.0160.49%0.49%$12.91
09/13/200609/13/2006$0.0160.55%0.58%$11.09
06/14/200606/14/2006$0.0160.50%0.57%$11.46
03/15/200603/15/2006$0.0160.38%0.46%$13.75
12/14/200512/14/2005$0.0130.39%0.39%$13.02
09/14/200509/14/2005$0.0120.42%0.44%$11.25
06/15/200506/15/2005$0.0120.52%0.55%$8.40
03/16/200503/16/2005$0.0140.63%0.78%$7.01
12/15/200412/15/2004$0.0100.86%0.80%$4.97
09/15/200409/15/2004$0.0091.00%0.84%$4.21
06/16/200406/16/2004$0.0121.24%1.41%$3.42
03/10/200403/10/2004$0.0121.19%1.47%$3.30
12/10/200312/10/2003$0.0091.31%1.31%$2.77
09/10/200309/10/2003$0.0091.43%1.49%$2.43
06/11/200306/11/2003$0.0091.31%1.43%$2.54
03/12/200303/12/2003$0.0091.50%1.72%$2.11
12/11/200212/11/2002$0.0081.76%1.76%$1.72
09/11/200209/11/2002$0.0081.47%1.55%$1.95
06/12/200206/12/2002$0.0081.31%1.59%$1.91
03/13/200203/13/2002$0.0081.16%1.65%$1.83
12/12/200112/12/2001$0.0061.35%1.64%$1.47
09/19/200109/19/2001$0.0041.20%0.94%$1.65
09/17/200109/17/2001$0.0040.89%0.86%$1.80
06/13/200106/13/2001$0.0060.61%1.23%$1.97
03/15/200103/15/2001$0.0060.33%1.33%$1.81
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

CNQ Price

Price to Earnings

CNQ trades at a 109.9x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

CNQ trades at a 6.9x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

CNQ generated $9.5B in revenue. Revenue has grown by 27% over the period.

Net Income

CNQ reported $0.6B in net income. Net income has declined by 69% over the period.

Revenue vs Net Income

CNQ generated $9.5B in revenue with net income of $0.6B, representing a 6.3% net profit margin.

Gross Profit

CNQ achieved $7.7B in gross profit, showing revenue after direct production costs.

Operating Income

CNQ generated $3.3B in operating income, representing profit from core business operations.

EBITDA

CNQ generated $3.8B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

CNQ generated $0.7B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

CNQ generated $0.4B in free cash flow. Free cash flow has decreased by 82% over the period.

Free Cash Flow / Share

CNQ generates $0.17 in free cash flow per share. FCF per share has declined by 82% over the period.

Earnings Per Share (EPS)

CNQ reported $0.29 in earnings per share. EPS has declined by 69% over the period.

Return on Equity (ROE)

CNQ delivered a 5.3% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

CNQ achieved a 3.2% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

CNQ maintains a 6.3% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

CNQ operates with a 81.3% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

CNQ holds $1.4B in cash against $0.5B in debt, resulting in a net cash position of $1.0B.

Shares Outstanding

CNQ has 2.1B shares outstanding.

Stock-Based Comp

CNQ reported $0.2B in stock-based compensation. Over the period, stock-based compensation has increased by 27%.

FCF vs Stock Based Comp

CNQ generated $0.4B in free cash flow while spending $0.2B on stock-based compensation, representing 67% of FCF.

FCF vs FCF / Share

CNQ reported $0.4B in free cash flow, translating to $0.17 per share.

Revenue: Actual + Estimates

This chart tracks CNQ revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks CNQ eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks CNQ net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks CNQ ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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