Dividend Growth of Suncor Energy Inc.(SU)

Suncor Energy (SU) is having a Dividend Yield of 2.66% with the Annual cash Dividend per share of $0.87. The last quarter cash dividend per share pay out was $0.22. Suncor Energy has a 5 year average dividend yield of 2.48% and the stock has a Indicated annual dividend of $0.86. Suncor Energy (SU) formally announced its most recent dividend on February 9, 2017 with a Dividend per share of $0.25. The new indicated annual dividend based on announced dividend per share is $0.98. The dividend yield based on the forward looking indicated annual dividend is 3.03%. The 5 year historical dividend growth of Suncor Energy (SU) is at the rate of 14.97% while the R-Squared dividend growth is 0.64. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Suncor Energy Inc. (NYSE:SU) rose 0.09% or 0.03 points on Thursday and made its way into the gainers of the day. After trading began at $32.6 the stock was seen hitting $32.72 as a peak level and $32.36 as the lowest level. The stock ended up at $32.48. The daily volume was measured at 4,261,802 shares. The 52-week high of the share price is $33.79 and the 52-week low is $21.74. The company has a market cap of $54,078 million. Shares of Suncor Energy Inc. rose by 2.92% in the last five trading days and 1.5% for the last 4 weeks. Suncor Energy Inc. is up 5.69% in the last 3-month period. Year-to-Date the stock performance stands at -0.64%.

Currently the company Insiders own 1% of Suncor Energy Inc. shares according to the proxy statements. Institutional Investors own 64.84% of Suncor Energy Inc. shares. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Suncor Energy (USA) was Downgraded by Macquarie to Neutral on Jan 24, 2017. Suncor Energy (USA) was Initiated by Wells Fargo to Outperform on Dec 16, 2016.

Suncor Energy (USA) Last issued its quarterly earnings results on Jul 27, 2016. The company reported $-0.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.08. Analyst had a consensus of $-0.28.Analysts expectations of $ 6459.12.During the same quarter in the previous year, the company posted $0.63 EPS.

SUNCOR ENERGY is a world leader in mining and extracting crude oil from the vast oil sands deposits of northern Alberta. They also explore for, develop and market natural gas, operate a refining and marketing business in Ontario, and are actively involved in the development of renewable energy sources to help meet the energy needs of tomorrow.


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