Suncor Energy Dividend
Dividend criteria checks 4/6
Suncor Energy is a dividend paying company with a current yield of 3.97% that is well covered by earnings. Next payment date is on 25th September, 2024 with an ex-dividend date of 4th September, 2024.
Key information
4.0%
Dividend yield
37%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | 25 Sep 24 |
| Ex dividend date | 04 Sep 24 |
| Dividend per share | CA$2.180 |
| Earnings per share | CA$5.94 |
| Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Here's Why Suncor Energy (TSE:SU) Can Manage Its Debt Responsibly
May 05
Suncor Energy Inc.'s (TSE:SU) Earnings Are Not Doing Enough For Some Investors
Apr 18Suncor Energy's (TSE:SU) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 29Suncor Energy's (TSE:SU) Returns On Capital Are Heading Higher
Mar 12Does Suncor Energy (TSE:SU) Have A Healthy Balance Sheet?
Jan 20Why Investors Shouldn't Be Surprised By Suncor Energy Inc.'s (TSE:SU) Low P/E
Jan 05Here's Why We Think Suncor Energy (TSE:SU) Is Well Worth Watching
Dec 22Returns Are Gaining Momentum At Suncor Energy (TSE:SU)
Dec 09Suncor Energy (TSE:SU) Will Pay A Larger Dividend Than Last Year At CA$0.545
Nov 18Suncor Energy Inc. (TSE:SU) Shares Could Be 37% Below Their Intrinsic Value Estimate
Nov 03These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well
Sep 16Is There An Opportunity With Suncor Energy Inc.'s (TSE:SU) 40% Undervaluation?
Aug 02These 4 Measures Indicate That Suncor Energy (TSE:SU) Is Using Debt Reasonably Well
Jun 16We Ran A Stock Scan For Earnings Growth And Suncor Energy (TSE:SU) Passed With Ease
May 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SU's dividend payments have been volatile in the past 10 years.
Growing Dividend: SU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Suncor Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SU) | 4.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Oil and Gas) | 4.6% |
| Analyst forecast in 3 Years (SU) | 4.3% |
Notable Dividend: SU's dividend (3.97%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: SU's dividend (3.97%) is low compared to the top 25% of dividend payers in the Canadian market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), SU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.1%), SU's dividend payments are well covered by cash flows.