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Canadian Natural Resources Limited (CNQ $60.89)
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Cenovus Energy Inc. (CVE $38.84)
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Canadian Natural Resources Limited (CNQ $44.53)
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Cenovus Energy Inc (CVE $28.40)
Q: I noticed when I looked these companies up on your platform it says the q dividend for CNQ is .625 Cnd when its on the CND exchange and .625 USD when its on the US side. Similarly it has CVE's as .20Cnd and .20 USD. I thought in all cases the dividend is paid in CND and if the stock is on the US side it get converted to USD, which due to its strength, would be approx .46USD and .147USD respectively?
5i Research Answer:
Both companies pay in Canadian currency. 62.5c for CNQ and 22c for CVE. Our market data comes from a third party. CVE raised its dividend four days ago and sometimes it takes the provider a bit of time to update.