Canadian Natural Resources Board Approved 5% Increase To Its Quarterly Cash Dividend To C$1.05/Share, Payable April 5, 2024
Portfolio Pulse from Benzinga Newsdesk
Canadian Natural Resources Limited (CNQ) announced a 5% increase in its quarterly cash dividend to C$1.05 per share, payable on April 5, 2024, to shareholders of record as of March 15, 2024.
February 29, 2024 | 10:27 am
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Canadian Natural Resources Limited (CNQ) has increased its quarterly dividend by 5% to C$1.05 per share, effective April 5, 2024.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. This 5% increase in CNQ's dividend is likely to be seen as a strong signal of stability and growth, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100