CNQ is among the safe dividend stocks yielding above 5%, showing strong financial performance.

From Yahoo Finance: 2025-04-21 10:21:00

In a recent article, we highlighted 10 Safe Dividend Stocks with Yields Above 5%, including Canadian Natural Resources Limited (CNQ). Analysts debate high yields versus steady dividend growth, with research showing high-yield stocks outpacing the market during inflationary periods. High-yield portfolios also boast better returns and lower volatility than low-yield counterparts.

As market interest in AI and tech stocks rises, dividend-paying companies, like CNQ, are regaining attention. The Dividend Aristocrats Index, tracking companies with 25 years of dividend growth, has outperformed the broader market amid recent downturns. S&P Global data further supports the long-term outperformance of dividend-focused stocks.

CNQ stands out as a strong dividend stock, with a 5.69% yield and solid financial performance. The company recently achieved record production levels and exceeded earnings expectations. CNQ also increased its dividend for the 25th consecutive year, showcasing its reliability for income-focused investors. The stock ranks 8th on the list of safe dividend stocks with yields above 5%.

While CNQ shows promise as an investment, some believe deeply undervalued dividend stocks may offer greater returns in a shorter timeframe. Investors seeking potential opportunities beyond CNQ are encouraged to explore underappreciated dividend stocks with strong growth potential.

Read more: Among the Safe Dividend Stocks with Yields Above 5%