5 Best Canadian Dividend Stocks

4. Canadian Natural Resources Limited (NYSE:CNQ)

Dividend Yield as of September 23: 4.84%

Number of Hedge Fund Holders: 33

Calgary, Alberta-based Canadian Natural Resources Limited (NYSE:CNQ) is one of the largest independent crude oil and natural gas producers in the world, focused on natural gas, light oil, heavy oil, in situ oil sands production and oil sands mining

In August, Canadian Natural Resources Limited (NYSE:CNQ) released the financial results for Q2 2022. Its revenue increased by 69% y-o-y to $8.9 billion, while its net income surged by 117% y-o-y to $2.7 billion, for the three months ended June 30, 2022. It reported a normalized EPS of $2.54 for the quarter, beating the consensus by $0.21.

Canadian Natural Resources Limited (NYSE:CNQ) declared a regular quarterly cash dividend of C$0.75 per share, and a special dividend of C$1.50 per share.

As of Q2 2022, 33 hedge funds out of the 895 hedge funds tracked by Insider Monkey held shares of Canadian Natural Resources Limited (NYSE:CNQ), valued at $2.3 billion. Its largest shareholder was Yacktman Asset Management with ownership of 16.9 million shares valued at $907 million.