Workflow
Cenovus Energy: 29% Dividend Hike Is Just The Beginning
CVECenovus Energy(CVE) Seeking Alpha·2024-06-05 23:45

ImagineGolf Article Thesis Cenovus Energy Inc. (NYSE:CVE) is a Canadian energy company that has just raised its dividend by a hefty 29%. But due to declining debt levels and very strong free cash generation, it is very likely that we are in the early innings of a very long dividend growth story. Cenovus is far from expensive and could be attractive for total return and dividend growth investors. Past Coverage I have covered Cenovus Energy Inc. in the past here on Seeking Alpha, most recently in 2022, in thi ...