Does CVE pay a dividend?

Yes. Cenovus Energy Inc. pays a quarterly dividend, currently yielding 1.96% based on trailing twelve-month payments of $0.61 per share.

How much does CVE pay in dividends?

$0.61 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next CVE ex-dividend date?

No upcoming ex-dividend date is currently on record for CVE. Dates appear here once the company declares them.

CVE Dividend

Cenovus Energy Inc.

NYSEEnergyStockData as of September 15, 2026

Dividend yield: 1.96%
Annual dividend: $0.61
Payout ratio: 0.23
Frequency: Quarterly
Share price: $30.93
Market cap: $57.0B

Is CVE a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median1.96% against a median of 2.92%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Dividend is comfortably coveredA payout ratio of 0.23 means roughly 23% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut 4 timesAcross 17 complete years, the annual total fell in 2015, 2016, 2020 and earlier. The most recent reduction was in 2020.
Raised for 5 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

CVE dividend history

Annual dividend per share, 2009 to 2025.

Peak $23.55 in 2009Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for CVE, most recent first.
Ex-dividend date	Pay date	Amount	Type
September 15, 2026	September 29, 2026	$0.1585	Quarterly
June 15, 2026	June 30, 2026	$0.1573	Quarterly
March 13, 2026	March 31, 2026	$0.1456	Quarterly
December 15, 2025	December 31, 2025	$0.1453	Quarterly
September 15, 2025	September 29, 2025	$0.1449	Quarterly
June 13, 2025	June 30, 2025	$0.1473	Quarterly
March 14, 2025	March 31, 2025	$0.1252	Quarterly
December 13, 2024	December 31, 2024	$0.1264	Quarterly
September 13, 2024	September 27, 2024	$0.1325	Quarterly
June 14, 2024	June 28, 2024	$0.1310	Quarterly
May 16, 2024	May 31, 2024	$0.0991	Special
March 14, 2024	March 28, 2024	$0.1040	Quarterly
December 14, 2023	December 29, 2023	$0.1044	Quarterly
September 14, 2023	September 29, 2023	$0.1030	Quarterly
June 14, 2023	June 30, 2023	$0.1050	Quarterly
March 14, 2023	March 31, 2023	$0.0760	Quarterly
December 14, 2022	December 30, 2022	$0.0760	Quarterly
November 17, 2022	December 2, 2022	$0.0855	Special
September 14, 2022	September 29, 2022	$0.0814	Quarterly
June 14, 2022	June 30, 2022	$0.0830	Quarterly
March 14, 2022	March 31, 2022	$0.0280	Quarterly
December 14, 2021	December 31, 2021	$0.0270	Quarterly
September 14, 2021	September 30, 2021	$0.0140	Quarterly
June 14, 2021	June 30, 2021	$0.0144	Quarterly
March 12, 2021	March 31, 2021	$0.0140	Annual
March 12, 2020	March 31, 2020	$0.0451	Quarterly
December 12, 2019	December 31, 2019	$0.0474	Quarterly
September 12, 2019	September 30, 2019	$0.0379	Quarterly
June 13, 2019	June 28, 2019	$0.0373	Quarterly
March 14, 2019	March 29, 2019	$0.0500	Quarterly
December 13, 2018	December 31, 2018	$0.0500	Quarterly
September 13, 2018	September 28, 2018	$0.0384	Quarterly
June 14, 2018	June 29, 2018	$0.0389	Quarterly
March 14, 2018	March 29, 2018	$0.0386	Quarterly
December 14, 2017	December 29, 2017	$0.0389	Quarterly
September 14, 2017	September 29, 2017	$0.0500	Quarterly
June 13, 2017	June 30, 2017	$0.0378	Quarterly
March 13, 2017	March 31, 2017	$0.0372	Quarterly
December 13, 2016	December 30, 2016	$0.0376	Quarterly
September 13, 2016	September 30, 2016	$0.0378	Quarterly

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Frequently asked questions

Does CVE pay a dividend?: Yes. Cenovus Energy Inc. pays a quarterly dividend, currently yielding 1.96% based on trailing twelve-month payments of $0.61 per share.
How much does CVE pay in dividends?: $0.61 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next CVE ex-dividend date?: No upcoming ex-dividend date is currently on record for CVE. Dates appear here once the company declares them.