Suncor Energy increases dividend

Rhea-AI Summary

Suncor Energy (TSX: SU, NYSE: SU) announced a quarterly dividend of $0.60 per common share, an approximate 5% increase versus the prior quarterly dividend. The Board approved the raise citing continued operational improvements, record asset performance, stronger free funds flow per share and ongoing share repurchases.

The dividend is payable December 24, 2025 to shareholders of record at the close of business on December 3, 2025. The company reiterated its integrated energy operations and investments in lower‑emissions projects while maintaining its retail and trading activities.

Positive

• Dividend increased to $0.60 per share (≈5% raise)
• Payable Dec 24, 2025 to holders of record on Dec 3, 2025
• Company cites stronger free funds flow per share and meaningful share repurchases

Negative

• None.

All financial figures are in Canadian dollars.

Calgary, Alberta--(Newsfile Corp. - November 4, 2025) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.60 per common share, representing an approximate 5% increase over the prior quarterly dividend.

"Through continued operational improvements that have driven record performance across our assets, we are delivering strong free funds flow per share, along with meaningful share repurchases," said Rich Kruger, President and Chief Executive Officer. "The Board's confidence in our improved operational performance and solid financial foundation underpins its decision to raise the quarterly dividend, reflecting our ongoing commitment to creating value for shareholders."

The dividend will be payable December 24, 2025 to shareholders of record at the close of business on December 3, 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/273167

FAQ

What dividend did Suncor (SU) announce on November 4, 2025?

Suncor announced a quarterly dividend of $0.60 per common share, about a 5% increase over the prior quarterly dividend.

When is the Suncor (SU) dividend payable and what is the record date?

The dividend is payable December 24, 2025 with a record date at close of business on December 3, 2025.

How much did Suncor (SU) increase its dividend by in the November 4, 2025 announcement?

The Board approved an approximate 5% increase to the quarterly dividend, bringing it to $0.60 per share.

Did Suncor (SU) link the dividend increase to financial performance?

Yes; management cited continued operational improvements, record asset performance and stronger free funds flow per share.

Will the Suncor (SU) dividend announcement affect share repurchases?

The company said it is delivering strong free funds flow per share along with meaningful share repurchases, indicating both actions are continuing.

Where can investors find more information about Suncor (SU) investor contacts?

Investor inquiries can be sent to invest@suncor.com and media inquiries to the provided media contact number or email.