Canadian Natural Resources Limited Announces Increased Quarterly Dividend
Canadian Natural Resources (TSX: CNQ) (NYSE: CNQ) has announced a 7% increase in its quarterly cash dividend to $0.5625 per common share, up from the previous $0.525. This increase is attributed to the company's significant free cash flow, including targeted additional free cash flow from recently acquired Chevron Canada 's Alberta assets, and its strong financial position.
The dividend will be payable on January 3, 2025 to shareholders of record at the close of business on December 13, 2024. This marks the 25th consecutive year of dividend increases by Canadian Natural, with a compound annual growth rate (CAGR) of 21% over that period.
Canadian Natural Resources (TSX: CNQ) (NYSE: CNQ) ha annunciato un aumento del 7% del dividendo trimestrale in contante portandolo a $0.5625 per azione ordinaria, rispetto al precedente $0.525. Questo incremento è attribuito al significativo flusso di cassa libero dell'azienda, che include un flusso di cassa libero aggiuntivo mirato proveniente dagli asset Alberta recentemente acquisiti da Chevron Canada, e alla sua solida posizione finanziaria.
Il dividendo sarà pagabile il 3 gennaio 2025 agli azionisti registrati alla chiusura degli affari del 13 dicembre 2024. Questo segna il 25° anno consecutivo di aumenti dei dividendi da parte di Canadian Natural, con un tasso di crescita annuale composto (CAGR) del 21% durante questo periodo.
Canadian Natural Resources (TSX: CNQ) (NYSE: CNQ) ha anunciado un aumento del 7% en su dividendo en efectivo trimestral a $0.5625 por acción ordinaria, aumentando desde el anterior $0.525. Este aumento se atribuye al significativo flujo de caja libre de la compañía, que incluye un flujo de caja libre adicional específico de los activos de Alberta adquiridos recientemente de Chevron Canada, y su sólida posición financiera.
El dividendo se pagará el 3 de enero de 2025 a los accionistas registrados al cierre de operaciones del 13 de diciembre de 2024. Esto marca el 25° año consecutivo de aumentos en el dividendo por parte de Canadian Natural, con una tasa de crecimiento anual compuesta (CAGR) del 21% durante ese período.
캐나다 내추럴 리소스(Canadian Natural Resources) (TSX: CNQ) (NYSE: CNQ)는 분기 현금 배당금이 7% 증가하여 보통주당 $0.5625로 조정되었으며, 이전의 $0.525에서 상승했다고 발표했습니다. 이 증가는 회사의 상당한 자유 현금 흐름에 기인하며, 최근 인수한 셰브론 캐나다(Chevron Canada)의 앨버타 자산에서 목표한 추가 자유 현금 흐름이 포함되어 있으며, 강력한 재무 상태와 관련이 있습니다.
배당금은 2025년 1월 3일에 2024년 12월 13일 영업 마감 시점의 주주에게 지급됩니다. 이는 캐나다 내추럴에 의한 25년 연속 배당금 인상을 의미하며, 이 기간 동안 복리 연평균 성장률(CAGR)이 21%에 달합니다.
Canadian Natural Resources (TSX: CNQ) (NYSE: CNQ) a annoncé une augmentation de 7 % de son dividende en espèces trimestriel à 0,5625 $ par action ordinaire, contre 0,525 $ précédemment. Cette augmentation est attribuée au flux de trésorerie libre significatif de l'entreprise, y compris un flux de trésorerie libre supplémentaire ciblé provenant des actifs d'Alberta récemment acquis de Chevron Canada, et à sa solide position financière.
Le dividende sera payable le 3 janvier 2025 aux actionnaires inscrits à la clôture des affaires le 13 décembre 2024. Cela marque la 25ème année consécutive d'augmentation des dividendes par Canadian Natural, avec un taux de croissance annuel composé (CAGR) de 21 % sur cette période.
Canadian Natural Resources (TSX: CNQ) (NYSE: CNQ) hat eine Erhöhung der vierteljährlichen Barausschüttung um 7 % auf 0,5625 $ pro Stammaktie angekündigt, gegenüber zuvor 0,525 $. Diese Erhöhung ist auf den signifikanten freien Cashflow des Unternehmens zurückzuführen, einschließlich zusätzlichem gezielten freien Cashflow aus den kürzlich erworbenen Alberta-Vermögenswerten von Chevron Canada und seiner starken finanziellen Lage.
Die Dividende wird am 3. Januar 2025 an Aktionäre ausgezahlt, die zum Abschluss der Geschäfte am 13. Dezember 2024 registriert sind. Dies markiert das 25. aufeinanderfolgende Jahr mit Dividendenerhöhungen durch Canadian Natural, mit einer durchschnittlichen jährlichen Wachstumsrate (CAGR) von 21 % in diesem Zeitraum.
- 7% increase in quarterly cash dividend to $0.5625 per share
- Significant free cash flow generation, including from newly acquired assets
- Strong financial position
- 25th consecutive year of dividend increases
- 21% CAGR in dividends over the past 25 years
- None.
Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that, in conjunction with the acquisition of Chevron Canada Limited's ("Chevron") Alberta assets and as a result of Canadian Natural's significant free cash flow, including targeted additional free cash flow generation from the acquired assets and the Company's strong financial position, the Board of Directors have agreed to increase the quarterly cash dividend by
Canadian Natural is a senior crude oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.
CANADIAN NATURAL RESOURCES LIMITED
T (403) 517-6700 F (403) 517-7350 E ir@cnrl.com
2100, 855 - 2 Street S.W. Calgary, Alberta, T2P 4J8
www.cnrl.com
SCOTT G. STAUTH
President
MARK A. STAINTHORPE
Chief Financial Officer
LANCE J. CASSON
Manager, Investor Relations
Trading Symbol - CNQ
Toronto Stock Exchange
New York Stock Exchange
ADVISORY
Special Note Regarding Forward-Looking Statements
Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Refer to our website for complete forward-looking statements www.cnrl.com.
Special Note Regarding Non-GAAP and Other Financial Measures
This document includes references to non-GAAP measures as defined in National Instrument 52-112 - Non-GAAP and Other Financial Measures Disclosure. "Free cash flow" is a non-GAAP financial measure. The Company considers free cash flow a key measure in demonstrating the Company's ability to generate cash flow to fund future growth through capital investment, to repay debt and to pay returns to shareholders through dividends and share repurchases pursuant to its free cash flow allocation policy. Free cash flow is defined as adjusted funds flow, less capital and dividends.
Non-GAAP and other financial measures are not defined by IFRS and therefore are referred to as non-GAAP and other financial measures. The non-GAAP and other financial measures used by the Company may not be comparable to similar measures presented by other companies, and should not be considered an alternative to or more meaningful than the most directly comparable financial measure presented in the Company's financial statements, as applicable, as an indication of the Company's performance.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225758
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