Suncor Energy Declares Dividend

Rhea-AI Summary

Suncor Energy (TSX: SU) (NYSE: SU) has announced its quarterly dividend payment of $0.57 per share on common shares. The dividend will be payable on March 25, 2025, to shareholders of record as of March 4, 2025.

As Canada's leading integrated energy company, Suncor operates across various sectors including oil sands development, offshore oil production, petroleum refining in Canada and the U.S., and the Petro-Canada retail network. The company is actively working on transitioning to a lower-emissions future through investments in renewable energy and emissions reduction projects while maintaining its core energy trading activities.

Positive

• Maintained quarterly dividend of $0.57 per share, showing financial stability
• Diversified operations across energy value chain reducing business risk
• Strategic investments in lower-emissions projects indicating future growth potential

Negative

• None.

All financial figures are in Canadian dollars.

Calgary, Alberta--(Newsfile Corp. - February 5, 2025) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.57 per share on its common shares, payable March 25, 2025 to shareholders of record at the close of business on March 4, 2025.

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 intensity power, renewable feedstock fuels and projects targeting emissions intensity. 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/239801

FAQ

When is Suncor Energy's (SU) next dividend payment date?

Suncor Energy's next dividend payment date is March 25, 2025, for shareholders of record as of March 4, 2025.

How much is Suncor Energy's (SU) quarterly dividend per share in 2025?

Suncor Energy's quarterly dividend is $0.57 per share in Canadian dollars.

What is the record date for Suncor's (SU) March 2025 dividend?

The record date for Suncor's March 2025 dividend is March 4, 2025.

What renewable energy initiatives is Suncor (SU) currently pursuing?

Suncor is investing in lower emissions intensity power, renewable feedstock fuels, and projects targeting emissions intensity reduction, including the Electric Highway network of EV charging stations.