Canadian Natural Raises Dividend 6.4% to $0.625; Q4 EPS Seen at $0.53
Canadian Natural’s Board approved a 6.4% increase in its quarterly cash dividend to $0.625 per share, payable April 7 to shareholders of record March 20. Analysts expect the company to report Q4 EPS of $0.53 and revenue of $6.62 billion for the quarter ended December 2025.
1. Dividend Increase
Canadian Natural’s Board of Directors approved a 6.4% hike in the quarterly cash dividend to $0.625 per share, up from $0.5875. This payment will be made on April 7 to shareholders of record as of March 20, reflecting confidence in the company’s balance sheet and reserves.
2. Long-Term Dividend Growth
The upcoming dividend marks the 26th consecutive year of dividend increases, delivering a compound annual growth rate of 20% since 2000. This track record underscores the company’s resilient cash flow and low-decline asset base across Western Canada, the U.K. North Sea and Offshore Africa.
3. Q4 Earnings Expectations
For the quarter ended December 2025, consensus forecasts anticipate EPS of $0.53 on revenue of $6.62 billion, representing a 2.2% year-over-year revenue decline. These projections will be closely watched for insights into commodity price trends and operational efficiency.