Cenovus Energy Inc. (TSE:CVE) Plans Quarterly Dividend of $0.20

Cenovus Energy Inc. (TSE:CVE) (NYSE:CVE) announced a quarterly dividend on Monday, December 15th, TickerTech Dividends reports. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.20 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, December 15th.

Cenovus Energy Stock Up 1.9%

TSE:CVE traded up C$0.47 during midday trading on Friday, reaching C$24.83. The company had a trading volume of 17,134,778 shares, compared to its average volume of 8,497,258. Cenovus Energy has a 12-month low of C$14.48 and a 12-month high of C$26.36. The firm has a market capitalization of C$46.84 billion, a price-to-earnings ratio of 14.35, a PEG ratio of 0.09 and a beta of 0.47. The company has a current ratio of 1.59, a quick ratio of 1.00 and a debt-to-equity ratio of 33.59. The stock’s fifty day simple moving average is C$24.53 and its 200-day simple moving average is C$22.16.

Cenovus Energy (TSE:CVE) (NYSE:CVE) last posted its quarterly earnings results on Friday, October 31st. The company reported C$0.72 earnings per share (EPS) for the quarter. Cenovus Energy had a return on equity of 12.67% and a net margin of 6.72%.The company had revenue of C$13.20 billion for the quarter. On average, sell-side analysts anticipate that Cenovus Energy will post 2.2619279 earnings per share for the current fiscal year.

About Cenovus Energy

Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 472 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds 6.7 billion boe of proven and probable reserves.