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Ex-Div Reminder for Canadian Natural Resources CNQ)


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Looking at the universe of stocks we cover at Dividend Channel , on 12/7/18, Canadian Natural Resources Ltd (Symbol: CNQ) will trade ex-dividend, for its quarterly dividend of $0.335, payable on 1/1/19. As a percentage of CNQ's recent stock price of $27.09, this dividend works out to approximately 1.24%, so look for shares of Canadian Natural Resources Ltd to trade 1.24% lower - all else being equal - when CNQ shares open for trading on 12/7/18.

CNQ+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CNQ is likely to continue, and whether the current estimated yield of 4.95% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CNQ shares, versus its 200 day moving average:

Canadian Natural Resources Ltd 200 Day Moving Average Chart

Looking at the chart above, CNQ's low point in its 52 week range is $24.02 per share, with $38.20 as the 52 week high point - that compares with a last trade of $27.12.

In Thursday trading, Canadian Natural Resources Ltd shares are currently up about 0.2% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Options
Referenced Symbols: CNQ



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