Suncor Energy has declared a quarterly dividend of $0.57 per share, payable on September 25, 2025. The company's Board of Directors approved the dividend, which is the second increase this year. Suncor is Canada's leading integrated energy company, with operations including oil sands development, offshore oil production, and retail and wholesale distribution networks.
Suncor Energy Inc. (NYSE: SU), Canada's leading integrated energy company, has declared a quarterly dividend of $0.57 per share, payable on September 25, 2025. This marks the second increase in dividends this year, following a previous increase to $0.4133 per share in June. The dividend will be distributed to shareholders of record at the close of business on September 4, 2025 [2].
Suncor Energy operates through various segments, including oil sands development, offshore oil production, petroleum refining, and retail and wholesale distribution networks such as Petro-Canada. The company is actively transitioning to a lower-emissions future through investments in renewable feedstock fuels and lower-emissions intensity power projects [2].
The latest dividend increase comes as Suncor Energy reported earnings of $0.91 per share for the quarter ending May 6, 2025, exceeding analysts' expectations despite a significant drop from the previous year's earnings of $1.41 per share. The company has also increased its annualized dividend to $1.65, corresponding to a dividend yield of 4.2% [1].
Wall Street analysts have mixed ratings for Suncor Energy, with four analysts giving a hold rating, five a buy rating, and two a strong buy rating. The consensus rating is "Moderate Buy" with an average price target of $66.00 [1].
Suncor Energy's stock has experienced volatility, trading down 0.2% on Monday, July 2, 2025, hitting $38.97. The stock has a market capitalization of $47.46 billion and a price-to-earnings ratio of 11.23. The company's debt-to-equity ratio is 0.21, and its quick ratio is 0.84 [1].
References:
[1] https://www.marketbeat.com/instant-alerts/filing-jupiter-asset-management-ltd-sells-498746-shares-of-suncor-energy-inc-nysesu-2025-08-02/
[2] https://www.stocktitan.net/news/SU/suncor-energy-declares-vweovhklkgm4.html
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