CVETSX / NYSEEnergyCanada · CAD

Cenovus Energy Inc. dividend history and coverage

Fiscal 2016–2025 dividends per share, payout of earnings and cash flow, and any decreases, read from Cenovus Energy Inc.'s own SEC filings. Data built 2026-11-01.

Dividends per share, FY2025C$0.780
5-yr dividend growth+65.7%/yr
Years without a decrease, since FY20165
Short answerCenovus Energy Inc. paid C$0.780 per share in dividends for fiscal 2025, up 65.7% a year over five years. Over its last three fiscal years it paid out 34% of earnings, which our industrial, technology, energy, materials, health care teaching band reads as worth watching. Dividends fell in fiscal 2020.

Dividend history

Cenovus Energy Inc. dividends and earnings per share by fiscal yearFY2016 dividend 0.20; FY2017 dividend 0.20; FY2018 dividend 0.20; FY2019 dividend 0.21, EPS 1.78; FY2020 dividend 0.06, EPS -1.94; FY2021 dividend 0.09, EPS 0.27; FY2022 dividend 0.35, EPS 3.20; FY2023 dividend 0.53, EPS 2.09; FY2024 dividend 0.68, EPS 1.67; FY2025 dividend 0.78, EPS 2.15 (CAD per share).0.001.793.5816171819202122232425
  • Dividends per share (fiscal year)
  • Year with a decrease
  • Earnings per share (diluted)

Yield at today's price

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Yield on C$0.780 a yearEnter a priceOfficial quote page ↗

The numbers, with their filings

Cenovus Energy Inc., per share in CAD. Fiscal years as reported; "—" means not tagged in the filing.
Fiscal yearDividends/shareEPS (diluted)Payout of EPSFCF/shareCash payoutFiling
FY20250.7802.1536%——40-F
FY20240.6801.6741%——40-F
FY20230.5252.0925%——40-F
FY20220.3503.2011%——annual report
FY20210.0870.2732%——annual report
FY20200.063-1.94not covered-0.44not coveredannual report
FY20190.2121.7812%1.7712%40-F
FY20180.200——0.6829%40-F
FY20170.200——1393197.2815%40-F
FY20160.200——-127205.09not covered40-F

Dividends per share: as reported in the company's filings. Free cash flow = operating cash flow − capital expenditures (as tagged); cash payout = common dividends paid ÷ free cash flow. All Cenovus Energy Inc. filings on EDGAR ↗

Data note. Cenovus suspended its dividend in April 2020 and reinstated it in 2021 after the Husky merger. Fiscal 2022 excludes a variable dividend; regular dividends were C$0.35. Figures are dividends paid per share.

Dividend decrease, in the company's words

2020-04-02 · CVE

Cenovus Energy Inc.: -100%

Quarterly dividend C$0.0625 → C$0.0000.

“In the context of recent commodity price forecasts and economic, market and business conditions in the oil and gas industry”

Cenovus suspended its dividend in April 2020 and restored it in 2021, after its merger with Husky Energy.

What the filings showed beforehand: payout of earnings FY2017 —, FY2018 —, FY2019 12%; cash payout FY2017 15%, FY2018 29%, FY2019 12%.

The company's announcement ↗

What $1,000 of Cenovus dividends is worth after tax

Canadian resident (2026 estimate)

AccountYou keepWhy
Non-registered$936Eligible-dividend gross-up and credits (assumes the dividend is designated eligible, as large Canadian public companies' dividends usually are; check your T5)
TFSA$1,000Tax-free
RRSP / RRIF$1,000No tax now; withdrawals are taxed later as ordinary income

US taxpayer (2026 estimate)

Example: married filing jointly, $120,000 of other taxable income, 22% ordinary bracket.

AccountYou keep
Taxable brokerage$850
Roth IRA$1,000
Traditional IRA / 401(k)$1,000*

* Nothing is taxed when the dividend is paid; withdrawals are taxed later as ordinary income.

Assumes qualified-dividend treatment (holding period met). Canadian dividends paid to US residents generally have 15% Canadian tax withheld under the treaty, creditable on a US return; not modelled here. Use your own numbers.

Frequently asked questions

What dividend does Cenovus Energy Inc. pay?
Cenovus Energy Inc. reported dividends of C$0.780 per share for fiscal 2025 (period ending 2025-12-31), from its annual filing with the SEC. Dividends are declared by the board each period and can change.
Has Cenovus Energy Inc. ever cut its dividend?
Yes, in the fiscal years we hold: fiscal 2020 (-70.6% versus the prior year). See the details and the company's own announcement in our dividend-cut tracker.
What is Cenovus Energy Inc.'s dividend yield?
Yield is the annual dividend divided by the share price, and the price changes every trading day. We do not republish prices; enter today's price from your brokerage or the exchange's quote page above to calculate it with the C$0.780 annual figure.

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Dividend changes, when the filings land

An occasional note when a company in our data raises, cuts or suspends its dividend, plus new tools. No tips, no picks.