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Canadian Natural Resources Limited

10:07 AM EST - Canadian Natural Resources Limited : announced its Board of Directors has declared a quarterly cash dividend on its common shares of $0.09 per common share. The dividend will be payable April 1, 2011 to shareholders of record at the close of business on March 18, 2011. This represents a 20% increase from the prior quarter's dividend amount and an increase in the Company's dividend for the 11th consecutive year. Canadian Natural Resources Limited shares T.CNQ are trading down $1.03 at $48.70.