Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada. It operates through Oil Sands; Exploration and Production; Refining and Marketing; and Corporate and Eliminations segments. The Oil Sands segment recovers bitumen from mining and in situ operations, and upgrades it into refinery feedstock and diesel fuel, or blends the bitumen with diluent for direct sale to market. The Exploration and Production segment is involved in offshore operations off the east coast of Canada and in the North Sea; and operating onshore assets in Libya and Syria. The Refining and Marketing segment refines crude oil and intermediate feedstock into various petroleum and petrochemical products; and markets refined petroleum products to retail, commercial, and industrial customers through its other retail sellers. The Corporate and Eliminations segment operates four wind farms in Ontario and Western Canada. The company also markets and trades in crude oil, natural gas, byproducts, refined products, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.
Suncor Energy Dividend Announcement
• Suncor Energy announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-12-24. Ex dividend date: 2024-12-03
• Suncor Energy annual dividend for 2024 was $1.62
• Suncor Energy annual dividend for 2023 was $1.55
• Suncor Energy's trailing twelve-month (TTM) dividend yield is 4.41%
• Suncor Energy's payout ratio for the trailing twelve months (TTM) is 34.85%
• Suncor Energy's dividend growth over the last five years (2018-2023) was 5.52% year
• Suncor Energy's dividend growth over the last ten years (2013-2023) was 7.85% year
Suncor Energy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-03 | $0.42 | quarterly | 2024-12-24 |
| 2024-09-04 | $0.40 | quarterly | 2024-09-25 |
| 2024-06-04 | $0.40 | quarterly | 2024-06-25 |
| 2024-03-01 | $0.40 | quarterly | 2024-03-25 |
| 2023-11-30 | $0.40 | quarterly | 2023-12-22 |
| 2023-08-31 | $0.38 | quarterly | 2023-09-25 |
| 2023-06-02 | $0.39 | quarterly | 2023-06-26 |
| 2023-03-02 | $0.38 | quarterly | 2023-03-24 |
| 2022-12-01 | $0.38 | quarterly | 2022-12-23 |
| 2022-09-01 | $0.37 | quarterly | 2022-09-26 |
| 2022-06-02 | $0.37 | quarterly | 2022-06-24 |
| 2022-03-03 | $0.33 | quarterly | 2022-03-25 |
| 2021-12-02 | $0.33 | quarterly | 2021-12-24 |
| 2021-09-02 | $0.17 | quarterly | 2021-09-24 |
| 2021-06-03 | $0.17 | quarterly | 2021-06-25 |
| 2021-03-03 | $0.17 | quarterly | 2021-03-25 |
| 2020-12-02 | $0.16 | quarterly | 2020-12-24 |
| 2020-09-03 | $0.16 | quarterly | 2020-09-25 |
| 2020-06-03 | $0.15 | quarterly | 2020-06-25 |
| 2020-03-03 | $0.35 | quarterly | 2020-03-25 |
| 2019-12-02 | $0.32 | quarterly | 2019-12-24 |
| 2019-09-03 | $0.31 | quarterly | 2019-09-25 |
| 2019-06-03 | $0.31 | quarterly | 2019-06-25 |
| 2019-03-01 | $0.32 | quarterly | 2019-03-25 |
| 2018-11-30 | $0.27 | quarterly | 2018-12-24 |
| 2018-08-31 | $0.36 | quarterly | 2018-09-25 |
| 2018-06-01 | $0.28 | quarterly | 2018-06-25 |
| 2018-03-02 | $0.28 | quarterly | 2018-03-26 |
| 2017-11-30 | $0.25 | quarterly | 2017-12-22 |
| 2017-08-31 | $0.25 | quarterly | 2017-09-25 |
| 2017-06-01 | $0.24 | quarterly | 2017-06-26 |
| 2017-03-01 | $0.24 | quarterly | 2017-03-24 |
| 2016-11-30 | $0.29 | quarterly | 2016-12-23 |
| 2016-09-01 | $0.22 | quarterly | 2016-09-26 |
| 2016-06-01 | $0.22 | quarterly | 2016-06-24 |
| 2016-03-02 | $0.22 | quarterly | 2016-03-25 |
| 2015-11-30 | $0.22 | quarterly | 2015-12-24 |
| 2015-09-02 | $0.22 | quarterly | 2015-09-25 |
| 2015-06-02 | $0.22 | quarterly | 2015-06-25 |
| 2015-03-02 | $0.22 | quarterly | 2015-03-25 |
| 2014-12-01 | $0.28 | quarterly | 2014-12-24 |
| 2014-09-02 | $0.28 | quarterly | 2014-09-25 |
| 2014-06-02 | $0.23 | quarterly | 2014-06-25 |
| 2014-02-28 | $0.23 | quarterly | 2014-03-25 |
| 2013-11-29 | $0.20 | quarterly | 2013-12-24 |
| 2013-08-30 | $0.20 | quarterly | 2013-09-25 |
| 2013-05-31 | $0.20 | quarterly | 2013-06-25 |
| 2013-02-28 | $0.13 | quarterly | 2013-03-25 |
Suncor Energy Dividend per year
Suncor Energy Dividend growth
Suncor Energy Dividend Yield
Suncor Energy current trailing twelve-month (TTM) dividend yield is 4.41%. Interested in purchasing Suncor Energy stock? Use our calculator to estimate your expected dividend yield:
Suncor Energy Financial Ratios
P/E ratio8.28
PEG ratio0.06
P/B ratio1.47
ROE18.10%
Payout ratio34.85%
Current ratio1.59
Quick ratio1.04
Cash Ratio0.32
Suncor Energy Dividend FAQ
How much is the next Suncor Energy dividend?
Suncor Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Suncor Energy dividend. The next Suncor Energy dividend will be released in March, June, August, or November.
When is Suncor Energy dividend paid?
Suncor Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Suncor Energy pay?
The specific amount of Suncor Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Suncor Energy's dividend history.
Does Suncor Energy stock pay dividends?
Yes, Suncor Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Suncor Energy's dividend history.
How much dividend does Suncor Energy pay?
Suncor Energy paid $1.621 in 2024, $1.554 in 2023, $1.451 in 2022, $0.832 in 2021, and $0.823 in 2020.
How often does Suncor Energy pay dividends?
Suncor Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, August, and November.
What is Suncor Energy's dividend yield?
The current dividend yield for Suncor Energy is 4.41%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Suncor Energy's exact dividend yield.
When does Suncor Energy go ex dividend?
Suncor Energy's ex-dividend date for the latest dividend was on 2024-12-03. Suncor Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Suncor Energy dividend paid?
Suncor Energy pays dividends on a quarterly basis, typically around March, June, August, or November, but the exact dates can vary each year.
Will Suncor Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Suncor Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Suncor Energy dividend per share?
Suncor Energy paid $1.621 per share in 2024 and $1.554 per share in 2023. The amount of dividend per share that Suncor Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Suncor Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Suncor Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Suncor Energy a dividend stock?
Yes, Suncor Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Suncor Energy a good dividend stock?
Whether Suncor Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Suncor Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Suncor Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Suncor Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Suncor Energy pay dividends monthly?
Suncor Energy typically pays dividends on a quarterly basis.
Does Suncor Energy pay dividends quarterly?
Suncor Energy currently pays dividends on a quarterly basis.
Has Suncor Energy ever paid a dividend?
Yes, Suncor Energy has a history of paying dividends to its shareholders. Suncor Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Suncor Energy dividend stocks?
To buy Suncor Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Suncor Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Suncor Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Suncor Energy pay dividends 2024?
Suncor Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Suncor Energy increase its dividend in 2024?
Decisions regarding Suncor Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Suncor Energy dividend overview you can look into the above table of dividend history.
How Suncor Energy dividend works?
The Suncor Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Suncor Energy's dividend process works:
1. Determination of Dividend: Suncor Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Suncor Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Suncor Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Suncor Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Suncor Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Suncor Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Suncor Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Suncor Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Suncor Energy dividends paid?
Suncor Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Suncor Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Suncor Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suncor Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Suncor Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Suncor Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suncor Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Suncor Energy pay dividends?
Suncor Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Suncor Energy pay dividends?
The general pattern is that Suncor Energy pays dividends around March, June, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Suncor Energy dividend safe?
The safety of Suncor Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Suncor Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Suncor Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Suncor Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Suncor Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.