Upcoming Ex-Dividend Dates for World Kinect, Pembina Pipeline, and Cenovus Energy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2025
0mins
Source: NASDAQ.COM
Upcoming Ex-Dividend Dates: On 12/15/25, World Kinect Corp (WKC), Pembina Pipeline Corp (PBA), and Cenovus Energy Inc (CVE) will trade ex-dividend, with respective dividends of $0.20, $0.71, and $0.20 scheduled for payment on 1/16/26 and 12/31/25.
Expected Price Adjustments: Following the ex-dividend date, shares of WKC, PBA, and CVE are anticipated to open lower by approximately 0.83%, 1.81%, and 1.12%, respectively, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the upcoming dividends are 3.34% for World Kinect Corp, 7.26% for Pembina Pipeline Corp, and 4.48% for Cenovus Energy Inc, reflecting their historical dividend stability.
Current Trading Performance: As of Thursday trading, World Kinect Corp shares are down about 1.3%, Pembina Pipeline Corp shares are down about 0.5%, while Cenovus Energy Inc shares have increased by about 0.6%.
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Analyst Views on CVE
Wall Street analysts forecast CVE stock price to fall
10 Analyst Rating
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 30.530
Low
20.00
Averages
22.66
High
32.00
Current: 30.530
Low
20.00
Averages
22.66
High
32.00
About CVE
Cenovus Energy Incorporation is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region and upgrading, refining and marketing operations in Canada and the United States. Its operations include conventional oil & natural gas, oil sands & heavy oil, offshore, upgrading & refining, value chain and products. It is a significant natural gas producer in the Western Canadian Sedimentary Basin, holding a portfolio of more than 3 million net acres across Alberta and British Columbia, including assets in the Deep Basin, Montney and Rainbow Lake. It has three producing oil sands projects in Alberta: Christina Lake, Foster Creek and Sunrise, and thermal and heavy oil operations at Lloydminster in Saskatchewan. It has operations and exploration prospects offshore in the Asia Pacific region and Newfoundland and Labrador. Its operations include Lloydminster Refinery, Lloydminster Upgrader, Lima Refinery, Superior Refinery and Toledo Refinery.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Director Election Results: All 14 nominees proposed by management were elected with over 99% support, indicating strong shareholder approval of the governance structure, which is likely to improve decision-making efficiency and strategic execution.
- Executive Compensation Vote: The non-binding advisory resolution on executive compensation was passed with 97.39% support, reflecting shareholder trust in the company's compensation policies, potentially fostering stability and effectiveness within the executive team.
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See More
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- Policy Framework Demand: McKenzie emphasized that current environmental regulations and the industrial carbon tax threaten the viability of large-scale oil sands projects, calling for a supportive policy framework that ensures the pipeline can be fully utilized and maintains a competitive environment for new developments.
- Carbon Tax Controversy: During negotiations with federal and provincial officials on climate and energy policies, McKenzie expressed opposition to raising the industrial carbon tax, arguing it disadvantages Canadian producers globally and could drive investment away, weakening the country's economic base.
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- Increased Adjusted Funds Flow: Adjusted funds flow rose to C$3.377 billion or C$1.80 per share, up from C$2.212 billion or C$1.21 per share last year, reflecting a robust cash flow position for the company.
- Record Upstream Production: The company achieved a record upstream production of 972,100 BOE/d, a 19% year-over-year increase, which not only boosts production efficiency but also strengthens its competitive position in the market.
- Quarterly Dividend Declaration: The Board declared a quarterly base dividend of C$0.22 per share, payable on June 30, 2026, to shareholders of record on June 15, demonstrating the company's ongoing commitment to shareholder returns.
See More
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- Significant Revenue Growth: Total revenues for the first quarter reached $12.4 billion, a 13.8% increase from $10.9 billion in Q4 2025, with upstream revenues rising to $9.4 billion, up 23.7% from $7.6 billion in the previous quarter, showcasing a robust recovery in oil and gas extraction.
- Slight Upstream Revenue Increase: Downstream revenues increased modestly from $5.3 billion to $5.6 billion, indicating stability in refining and sales operations, which enhances the overall financial health of the company despite the smaller growth margin.
- Dividend Distribution Plan: The Board of Directors declared a quarterly base dividend of $0.22 per common share, payable on June 30, 2026, to shareholders of record as of June 15, 2026, demonstrating the company's commitment to returning value to its shareholders.
See More
