Canadian Natural Resources reports $5.3B Q4 profit, raises quarterly dividend

Canadian Natural Resources Ltd. reported a fourth-quarter profit of $5.30 billion, significantly up from $1.14 billion a year earlier. Following this strong performance, the company announced an increase in its quarterly dividend to 62.5 cents per share from 58.75 cents. Production also rose, totaling 1,658,681 barrels of oil equivalent per day before royalties.