CNQ dividend analysis

CNQ dividend deep dive

Dividend snapshot for CNQ: 3.70% yield, 77% payout, $2.11 annual distribution per share. The growth track record sits at 28 consecutive years of dividend hikes.

Safety inventory on CNQ: 71/100 composite, anchored on the 82/100 Quality pillar. Fair-safety band on the framework.

Hold-and-reinvest math: CNQ at 3.70% yield + 14.7% distribution growth produces 23.1% / 51.5% / 129.6% cumulative income at 5y / 10y / 20y horizons. Capital appreciation is separate.

Three sector peers anchor the CNQ comparison: KO (5.00%), PG (1.50%), PEP (2.90%). The mean peer yield is 3.13%, against 3.70% on CNQ. Use the relative position to size the income premium or discount in the thesis.

CNQ payment timeline: ex-dividend 2026-03-01, pay date 2026-03-15. The next declaration is the catalyst for the next data point on the consecutive-growth streak, which currently stands at 28 years.

Income summary on CNQ: 3.70% / 14.7% / 71. Three numbers — yield, growth, safety. The thesis hinges on whether the Quality pillar (82/100) holds through the next cycle.