Is Cenovus Energy Inc. a good dividend stock?

Cenovus Energy Inc. (CVE) is a dividend-paying stock with a current dividend yield of 2.12%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is CVE's dividend yield?

The dividend yield for CVE stock is currently 2.12%.

How much does CVE pay in dividends per year?

Cenovus Energy Inc. pays an annual dividend of $0.5931 per share over the trailing twelve months.

How often does CVE pay dividends?

CVE stock pays dividends quarterly.

Is CVE's dividend growing?

Cenovus Energy Inc.'s 3-year dividend CAGR is 11.84%.

CVE Stock Price, Chart, Stats & News

Cenovus Energy Inc.

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Overview Dividend safety Dividends Fundamentals

Cenovus Energy Inc. (CVE) is a dividend-paying stock with a current dividend yield of 2.12% as of Jul 17, 2026. It pays $0.5931 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 83.64% 5-year compound annual rate.

52.12B

Market cap

15.36x

Current P/E

8.74x

Forward P/E

2.12%

Dividend yield

$0.5931

CVE dividend

Dividend safety

Strong

Dividend coverage looks healthy — CVE pays out about 33% of earnings.

See the safety analysis

CVE chart

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Fundamentals

Gross margin	19.68%
Operating margin	11.49%
Pretax margin	8.74%
Net margin	7.67%
Effective tax rate	12.22%
ROA	6.20%
ROE	13.16%
D/E	0.54x
Interest coverage ratio	11.43x

All financials

CVE valuation

P/E	15.36x
P/S	1.37x
P/B	2.15x
P/CF	8.27x
P/FCF	20.62x
P/OCF	8.27x
PEG	0.49x
EV multiple	5.43x

About

Cenovus Energy Inc. is an integrated energy firm involved in the exploration, extraction, processing, and sale of crude oil, natural gas liquids, and natural gas. Its operations span Canada, the United States, and the Asia Pacific region. The company organizes its extensive activities across six core segments: Oil Sands, Conventional, Offshore, Canadian Manufacturing, U.