Canadian Natural Resources (TSE:CNQ) has released an update.
Canadian Natural Resources Limited has announced a 5% increase in its quarterly cash dividend to C$1.05 per share, with payments commencing on April 5, 2024, for shareholders on record as of March 15, 2024. This latest increase marks the company’s 24th consecutive year of dividend growth, reflecting a robust business model and a compound annual growth rate of 21%. The company has a strong performance history in the energy sector, with operations in Western Canada, the North Sea, and Offshore Africa.
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