Suncor Energy Declares Dividend

Rhea-AI Summary

Suncor Energy (TSX: SU) (NYSE: SU) has announced a quarterly dividend of $0.545 per share on its common shares, payable September 25, 2024 to shareholders of record at the close of business on September 4, 2024. Suncor, Canada's leading integrated energy company, operates in oil sands development, offshore oil production, petroleum refining, and retail distribution through Petro-Canada™. The company is also investing in lower-emissions power, renewable fuels, and emissions reduction projects as part of its transition strategy. Suncor's common shares are listed on both the Toronto and New York stock exchanges under the symbol SU.

Positive

• Consistent dividend payment of $0.545 per share
• Diversified operations across the energy value chain
• Investments in lower-emissions and renewable energy projects

Negative

• None.

News Market Reaction – SU

+4.54%

1 alert

+4.54% News Effect

On the day this news was published, SU gained 4.54%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

All financial figures are in Canadian dollars.

Calgary, Alberta--(Newsfile Corp. - August 6, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable September 25, 2024 to shareholders of record at the close of business on September 4, 2024.

Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the U.S.; and the company's Petro-Canada^TM retail and wholesale distribution networks (including Canada's Electric Highway^TM, a coast-to-coast network of fast-charging EV stations). Suncor is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower emissions power, renewable fuels and emissions reduction projects. Suncor also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

For more information about Suncor, visit our website at suncor.com.

Media inquiries:
(833) 296-4570
media@suncor.com

Investor inquiries:
invest@suncor.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219042

FAQ

What is Suncor Energy's (SU) latest dividend amount and payment date?

Suncor Energy (SU) has declared a quarterly dividend of $0.545 per share, payable on September 25, 2024 to shareholders of record as of September 4, 2024.

How often does Suncor Energy (SU) pay dividends?

Suncor Energy (SU) pays dividends quarterly. The latest announcement is for a quarterly dividend payment.

What are Suncor Energy's (SU) main business operations?

Suncor Energy (SU) operates in oil sands development, offshore oil production, petroleum refining in Canada and the U.S., and retail distribution through Petro-Canada™ networks.

Is Suncor Energy (SU) investing in renewable energy?

Yes, Suncor Energy (SU) is investing in lower-emissions power, renewable fuels, and emissions reduction projects as part of its transition strategy towards a lower-emissions future.