Canadian Natural Resources Limited (NYSE:CNQ) expected to pay $0.18 on Oct 1, 2016


Canadian Natural Resources Limited (NYSE:CNQ) is expected to pay $0.18 on Oct 1, 2016. The indicated annual dividend is $0.71. Shareholders owning the stock before Sep 14, 2016 will be eligible to receive the payout. Based on Canadian Natural Resources Limited’s current price of $29.71, the dividend is 0.59%. This dividend’s record date is Sep 16, 2016 and the announcement date is Aug 4, 2016. About 1.52 million shares traded hands. Canadian Natural Resource Ltd (USA) (NYSE:CNQ) has risen 47.47% since February 8, 2016 and is uptrending. It has outperformed by 30.99% the S&P500.

Canadian Natural Resources Limited is an independent natural gas and crude oil exploration, development and production company. The company has a market cap of $33.04 billion. The Firm is engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids . It currently has negative earnings. The Company’s exploration and production activities are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea and Cote d’Ivoire, Gabon, and South Africa in Offshore Africa.

Out of 7 analysts covering Canadian Natural Resources Limited (NYSE:CNQ), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. Canadian Natural Resources Limited has been the topic of 13 analyst reports since September 23, 2015 according to StockzIntelligence Inc. Bank of America initiated the stock on August 19 with “Buy” rating.

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