Suncor Energy Inc. (TSE:SU) Plans $0.60 Quarterly Dividend

Suncor Energy Inc. (TSE:SU) (NYSE:SU) announced a quarterly dividend on Friday, September 4th. Stockholders of record on Friday, September 25th will be paid a dividend of 0.60 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, September 4th.

Suncor Energy Stock Up 3.5%

TSE:SU opened at C$95.99 on Wednesday. The firm’s 50-day moving average price is C$87.55 and its 200-day moving average price is C$86.34. The company has a market capitalization of C$112.27 billion, a PE ratio of 12.82, a P/E/G ratio of 0.15 and a beta of 0.18. The company has a debt-to-equity ratio of 30.48, a current ratio of 1.65 and a quick ratio of 0.83. Suncor Energy has a 1-year low of C$53.02 and a 1-year high of C$96.53.

Suncor Energy (TSE:SU) (NYSE:SU) last issued its quarterly earnings results on Tuesday, August 4th. The company reported C$3.23 earnings per share (EPS) for the quarter. Suncor Energy had a net margin of 15.32% and a return on equity of 19.38%. The company had revenue of C$17.50 billion during the quarter. On average, equities analysts predict that Suncor Energy will post 4.4208333 EPS for the current fiscal year.

Insider Activity at Suncor Energy

In related news, insider Richard Michael Kruger sold 15,378 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of C$94.84, for a total transaction of C$1,458,449.52. Also, insider Shelley Powell sold 41,911 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of C$87.60, for a total transaction of C$3,671,403.60. Following the sale, the insider owned 27,705 shares of the company’s stock, valued at approximately C$2,426,958. This represents a 60.20% decrease in their ownership of the stock. In the last ninety days, insiders have sold 59,689 shares of company stock valued at $5,355,525. 0.01% of the stock is owned by insiders.

About Suncor Energy

Suncor Energy Inc is an integrated energy company. The company’s operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company’s PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.