Suncor Energy Inc. Declares Quarterly Dividend of $0.57 (TSE:SU)

Key Points

• Suncor Energy Inc. has declared a quarterly dividend of $0.57 per share, which is set to be paid to shareholders of record on September 25th, representing an annualized yield of 4.0%.
• As of the latest report, Suncor's shares are trading at around C$56.77, with a market capitalization of C$69.69 billion and a price-to-earnings ratio of 12.50.
• Recent analyst ratings suggest a consensus of Moderate Buy with price targets ranging from C$57.00 to C$65.00, indicating positive outlooks from multiple financial institutions.

Suncor Energy Inc. (TSE:SU - Get Free Report) NYSE: SU declared a quarterly dividend on Thursday, September 4th, TickerTech Dividends reports. Investors of record on Thursday, September 25th will be given a dividend of 0.57 per share on Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, September 4th.

Suncor Energy Price Performance

Shares of TSE SU traded down C$0.19 during mid-day trading on Friday, reaching C$55.40. The company's stock had a trading volume of 16,041,797 shares, compared to its average volume of 8,047,114. The company has a debt-to-equity ratio of 33.35, a current ratio of 1.59 and a quick ratio of 0.83. Suncor Energy has a 52 week low of C$43.59 and a 52 week high of C$58.58. The stock has a fifty day moving average of C$54.12 and a two-hundred day moving average of C$52.16. The firm has a market capitalization of C$67.21 billion, a PE ratio of 12.20, a P/E/G ratio of 0.15 and a beta of 0.83.

Suncor Energy (TSE:SU - Get Free Report) NYSE: SU last posted its quarterly earnings results on Tuesday, August 5th. The company reported C$0.71 EPS for the quarter. Suncor Energy had a return on equity of 18.10% and a net margin of 15.15%. As a group, sell-side analysts anticipate that Suncor Energy will post 4.4208333 EPS for the current fiscal year.

Insider Buying and Selling at Suncor Energy

In other news, Senior Officer Jacqueline Sue Moore sold 25,585 shares of the firm's stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of C$55.99, for a total value of C$1,432,478.57. Corporate insiders own 0.01% of the company's stock.

Suncor Energy Company Profile

Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen.