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Cenovus Energy Inc (CVE.TO) has paid dividends for 3+ years

By Wealth Awesome -

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Dividend history

Cenovus Energy Inc

CVE.TO

Full quote →
$0.000$0.110$0.2202023-09-14: $0.14002023-12-14: $0.14002024-03-14: $0.14002024-05-16: $0.13502024-06-14: $0.18002024-09-13: $0.18002024-12-13: $0.18002025-03-14: $0.18002025-06-13: $0.20002025-09-15: $0.20002025-12-15: $0.20002026-03-13: $0.20002026-06-15: $0.22002026-09-15: $0.2200Sep 23Mar 25Sep 26

Recent payments

$0.2200CAD

Ex: Sep 15, 2026

Pay: Sep 29

Quarterly

$0.2200CAD

Ex: Jun 15, 2026

$0.2000CAD

Ex: Mar 13, 2026

$0.2000CAD

Ex: Dec 15, 2025

Pay: Dec 31

$0.2000CAD

Ex: Sep 15, 2025

Pay: Sep 29

$0.2000CAD

Ex: Jun 13, 2025

Pay: Jun 30

Quarterly

$0.1800CAD

Ex: Mar 14, 2025

Pay: Mar 31

Quarterly

$0.1800CAD

Ex: Dec 13, 2024

Pay: Dec 31

Quarterly

$0.1800CAD

Ex: Sep 13, 2024

Pay: Sep 27

Quarterly

$0.1800CAD

Ex: Jun 14, 2024

Pay: Jun 28

Quarterly

Cenovus Energy Inc has a solid track record of paying dividends over the past three years.

Since starting its dividend program, Cenovus Energy Inc (CVE.TO) has made a total of 14 payments, showing its commitment to providing value to shareholders.

Investor takeaway: Cenovus Energy's reliable dividend payments could be appealing to Canadian retail investors looking for steady income, especially in registered accounts like TFSA or RRSP.

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Cenovus Energy Inc

CVE.TO

Full stock page →

CVE.TO

Cenovus Energy Inc

Source:WealthAwesomeWealthAwesome
↑ $10.11 (29.19%)
120 day period
$34.42$40.82$47.23Apr 21Jul 16Oct 9

Market cap

$82.53B

P/E

12.5x

Div. yield

1.83%

Div. / share

$0.82

52W high

$47.45

52W low

$21.26

1W change

-3.24%

Beta

0.60

Analyst Price Targets

Based on analyst covering CVE · as of Oct 12, 2026

📈

Wall Street analysts forecast CVE stock price to rise 13.8% over the next 12 months.

Consensus

Moderately Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$50.93

+13.8% Upside

Previously C$51.00 on Oct 8, 2026

Current Price

C$44.75

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CVE's historical volatility

HistoricalForecast68%95%
C$33.38C$42.03C$50.67C$59.31C$67.96C$76.60TodayJun 3Aug 7Oct 9Nov 21Jan 4Feb 16

30-Day Vol

27.6%

Annualized

90-Day Vol

35.7%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$53.50

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$47.49C$43.19 – C$52.23
60 trading daysC$50.41C$44.06 – C$57.66
90 trading daysC$53.50C$45.37 – C$63.08

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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14 Dividend Payments in 3 Years

Cenovus Energy has increased its dividend three times in this period, highlighting its ability to boost shareholder returns.

Dividend Payment History

Cenovus Energy has consistently paid CA$0.22 CAD per share, with the latest payment set for September 29, 2026. This reliability is noteworthy in the energy sector, where commodity prices can cause financial fluctuations.

Recent Dividend Details

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The most recent dividend was announced on July 29, 2026, with an ex-dividend date of September 15, 2026. Shareholders who owned shares on the record date of September 15 will receive their payment on September 29. Over the last three years, Cenovus Energy has raised its dividend three times, indicating a positive outlook on its financial health and operations.

Implications for Investors

For Canadian retail investors, Cenovus Energy's steady dividend payments offer an attractive option for income generation, particularly in tax-advantaged accounts like TFSA or RRSP. The company's ability to maintain and increase dividends reflects strong management and a solid business model in the energy sector.

Dividend calendar

TickerCVE.TO
AmountCA$0.22
Ex-dividend2026-09-15
Record2026-09-15
Payment2026-09-29
Declared2026-07-29
Trailing yield1.78%
Stock pageCVE.TO dividend history

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Wealth Awesome
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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 17, 2026
Last Updated: September 30, 2026

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