Canadian Natural Resources Limited (TSE:CNQ) (NYSE:CNQ) announced a quarterly dividend on Thursday, November 2nd, RTT News reports. Shareholders of record on Tuesday, December 12th will be given a dividend of 0.275 per share on Monday, January 1st. This represents a $1.10 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend is Monday, December 11th.

Canadian Natural Resources (TSE CNQ) opened at C$44.65 on Wednesday. Canadian Natural Resources has a 1 year low of C$35.90 and a 1 year high of C$47.00.

A number of equities analysts have recently issued reports on CNQ shares. Canaccord Genuity raised their target price on shares of Canadian Natural Resources from C$47.00 to C$48.00 in a research report on Wednesday, September 6th. GMP Securities lifted their price objective on shares of Canadian Natural Resources from C$52.00 to C$56.00 in a research report on Friday, November 3rd. J P Morgan Chase & Co lifted their price objective on shares of Canadian Natural Resources from C$47.00 to C$48.00 in a research report on Friday, November 3rd. Barclays lifted their price objective on shares of Canadian Natural Resources from C$38.00 to C$41.00 in a research report on Monday, November 20th. Finally, TD Securities lifted their price objective on shares of Canadian Natural Resources from C$51.00 to C$52.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. Nine research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Canadian Natural Resources has a consensus rating of “Buy” and an average target price of C$50.31.

In other news, insider Allan E. Frankiw sold 1,000 shares of Canadian Natural Resources stock in a transaction on Friday, September 8th. The stock was sold at an average price of C$39.32, for a total transaction of C$39,320.00. Also, insider Kendall W. Stagg sold 10,000 shares of Canadian Natural Resources stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of C$40.05, for a total value of C$400,500.00. Over the last 90 days, insiders have acquired 75,000 shares of company stock worth $2,138,500 and have sold 277,345 shares worth $11,915,700.

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About Canadian Natural Resources

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s segments include Exploration and Production, Oil Sands Mining and Upgrading, and Midstream. The Exploration and Production segment includes exploration, development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas.

Dividend History for Canadian Natural Resources (TSE:CNQ)

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