The dividend policy of the Company undergoes a periodic review by the Board of Directors and is subject to change at any time depending upon the earnings of the Company, its financial requirements and other factors existing at the time. Prior to 2001, dividends had not been paid on the common shares of the Company. On January 17, 2001 the Board of Directors approved a dividend policy for the payment of a regular quarterly dividend. Dividends have been typically paid on the first day of January, April, July and October of each year since April 1, 2001.
Eligible Dividend Designation - pursuant to subsection 89(14) of the Income Tax Act of Canada (ITA) each dividend paid by Canadian Natural Resources Limited on or after January 1, 2006 qualifies as an eligible dividend for Canadian income tax purposes, as defined in subsection 89(1) of the ITA.
Our Company's history on dividend payments is as follows:
| Record Date | Payment Date | Amount* |
| December 11, 2019 | January 1, 2020 | $0.3750 |
| September 13, 2019 | October 1, 2019 | $0.3750 |
| June 14, 2019 | July 1, 2019 | $0.3750 |
| March 22, 2019 | April 1, 2019 | $0.3750 |
| December 10, 2018 | January 1, 2019 | $0.3350 |
| September 14, 2018 | October 1, 2018 | $0.3350 |
| June 15, 2018 | July 1, 2018 | $0.3350 |
| March 16, 2018 | April 1, 2018 | $0.3350 |
| December 12, 2017 | January 1, 2018 | $0.2750 |
| September 15, 2017 | October 1, 2017 | $0.2750 |
| June 16, 2017 | July 1, 2017 | $0.2750 |
| March 17, 2017 | April 1, 2017 | $0.2750 |
| December 9, 2016 | January 1, 2017 | $0.2500 |
| September 16, 2016 | October 1, 2016 | $0.2300 |
| June 17, 2016 | July 1, 2016 | $0.2300 |
| March 18, 2016 | April 1, 2016 | $0.2300 |
| December 11, 2015 | December 31, 2015 | $0.2300 |
| September 11, 2015 | October 1, 2015 | $0.2300 |
| June 12, 2015 | July 1, 2015 | $0.2300 |
| March 16, 2015 | April 1, 2015 | $0.2300 |
| December 12, 2014 | January 1, 2015 | $0.2250 |
| September 12, 2014 | October 1, 2014 | $0.2250 |
| June 13, 2014 | July 1, 2014 | $0.2250 |
| March 17, 2014 | April 1, 2014 | $0.2250 |
| December 13, 2013 | January 1, 2014 | $0.2000 |
| September 13, 2013 | October 1, 2013 | $0.1250 |
| June 14, 2013 | July 1, 2013 | $0.1250 |
| March 18, 2013 | April 1, 2013 | $0.1250 |
| December 14, 2012 | January 1, 2013 | $0.1050 |
| September 14, 2012 | October 1, 2012 | $0.1050 |
| June 15, 2012 | July 1, 2012 | $0.1050 |
| March 19, 2012 | April 1, 2012 | $0.1050 |
| December 16, 2011 | January 1, 2012 | $0.0900 |
| September 16, 2011 | October 1, 2011 | $0.0900 |
| June 17, 2011 | July 1, 2011 | $0.0900 |
| March 18, 2011 | April 1, 2011 | $0.0900 |
| December 17, 2010 | January 1, 2011 | $0.0750 |
| September 17, 2010 | October 1, 2010 | $0.0750 |
| June 11, 2010 | July 1, 2010 | $0.0750 |
| March 12, 2010 | April 1, 2010 | $0.0750 |
| December 11, 2009 | January 1, 2010 | $0.0525 |
| September 11, 2009 | October 1, 2009 | $0.0525 |
| June 12, 2009 | July 1, 2009 | $0.0525 |
| March 13, 2009 | April 1, 2009 | $0.0525 |
| December 12, 2008 | January 1, 2009 | $0.0500 |
| September 12, 2008 | October 1, 2008 | $0.0500 |
| June 13, 2008 | July 1, 2008 | $0.0500 |
| March 14, 2008 | April 1, 2008 | $0.0500 |
| December 14, 2007 | January 1, 2008 | $0.0425 |
| September 14, 2007 | October 1, 2007 | $0.0425 |
| June 15, 2007 | July 1, 2007 | $0.0425 |
| March 16, 2007 | April 1, 2007 | $0.0425 |
| December 15, 2006 | January 1, 2007 | $0.0375 |
| September 15, 2006 | October 1, 2006 | $0.0375 |
| June 16, 2006 | July 1, 2006 | $0.0375 |
| March 17, 2006 | April 1, 2006 | $0.0375 |
| December 16, 2005 | January 1, 2006 | $0.0300 |
| September 16, 2005 | October 1, 2005 | $0.0300 |
| June 17, 2005 | July 1, 2005 | $0.0300 |
| March 18, 2005 | April 1, 2005 | $0.028125 |
| December 17, 2004 | January 1, 2005 | $0.0250 |
| September 17, 2004 | October 1, 2004 | $0.0250 |
| June 18, 2004 | July 1, 2004 | $0.0250 |
| March 12, 2004 | April 1, 2004 | $0.0250 |
| December 12, 2003 | January 1, 2004 | $0.01875 |
| September 12, 2003 | October 1, 2003 | $0.01875 |
| June 13, 2003 | July 1, 2003 | $0.01875 |
| March 14, 2003 | April 1, 2003 | $0.01875 |
| December 13, 2002 | January 1, 2003 | $0.015625 |
| September 13, 2002 | October 1, 2002 | $0.015625 |
| June 14, 2002 | July 1, 2002 | $0.015625 |
| March 15, 2002 | April 1, 2002 | $0.015625 |
| December 14, 2001 | January 1, 2002 | $0.0125 |
| September 14, 2001 | October 1, 2001 | $0.0125 |
| June 15, 2001 | July 1, 2001 | $0.0125 |
| March 19, 2001 | April 1, 2001 | $0.0125 |
* All amounts represent pre-tax dividend amounts in Canadian dollars. All figures adjusted for the May 28, 2004, May 27, 2005 and May 28, 2010 two-for-one common stock splits. Stock Split History
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