Cenovus Energy Inc. (CVE) To Go Ex-Dividend on June 15th

Cenovus Energy Inc. (TSE:CVE) (NYSE:CVE) announced a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.22 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, June 15th. This is a 10.0% increase from Cenovus Energy’s previous quarterly dividend of $0.20.

Cenovus Energy Trading Down 0.8%

Shares of Cenovus Energy stock traded down C$0.32 during trading on Friday, reaching C$39.47. 9,825,353 shares of the company were exchanged, compared to its average volume of 8,626,258. The company has a quick ratio of 1.00, a current ratio of 1.57 and a debt-to-equity ratio of 42.29. Cenovus Energy has a twelve month low of C$18.45 and a twelve month high of C$44.13. The business has a 50-day moving average price of C$38.63 and a 200-day moving average price of C$31.49. The firm has a market capitalization of C$73.60 billion, a price-to-earnings ratio of 15.73, a P/E/G ratio of 0.09 and a beta of 0.15.

Cenovus Energy (TSE:CVE) (NYSE:CVE) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.84 EPS for the quarter. Cenovus Energy had a return on equity of 15.23% and a net margin of 9.52%.The business had revenue of C$12.36 billion during the quarter. Sell-side analysts anticipate 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.