Canadian Natural Resources Approved an 11% Increase To Quarterly Dividend To C$1.00/Shares From C$0.90, Payable On January 5, 2024, With record date Of December 8, 2023
Portfolio Pulse from Benzinga Newsdesk
Canadian Natural Resources has approved an 11% increase in its quarterly dividend to C$1.00 per share, up from C$0.90. The dividend will be payable on January 5, 2024, with a record date of December 8, 2023.
November 02, 2023 | 9:19 am
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The 11% increase in Canadian Natural Resources' quarterly dividend may attract income-focused investors, potentially leading to a short-term increase in the stock price.
Dividend increases are often seen as a sign of a company's financial health and can attract income-focused investors. This could increase demand for CNQ's shares, potentially leading to a short-term increase in the stock price.
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