Suncor Energy Inc. (SU) Declares Quarterly Dividend of C$0.28
Suncor Energy (TSE:SU) declared a Quarterly dividend on Tuesday, September 2nd, AR Network reports. Shareholders of record on Thursday, September 25th will be given a dividend of 0.28 per share on Thursday, September 25th. This represents a yield of 2.53%. The ex-dividend date of this dividend is Tuesday, September 2nd.
A number of analysts have recently weighed in on SU shares. Analysts at National Bank Financial raised their price target on shares of Suncor Energy from C$50.00 to C$54.00 in a research note on Friday, August 1st. They now have an “outperform” rating on the stock. On a related note, analysts at NBF raised their price target on shares of Suncor Energy from C$50.00 to C$54.00 in a research note on Friday, August 1st. Finally, analysts at Raymond James raised their price target on shares of Suncor Energy from C$51.00 to C$55.00 in a research note on Monday, July 7th. They now have an “outperform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of C$51.05.
Suncor Energy (TSE:SU) opened at 44.63 on Tuesday. Suncor Energy has a one year low of $34.70 and a one year high of $47.18. The stock has a 50-day moving average of $44.02 and a 200-day moving average of $41.60. The company has a market cap of $65.395 billion and a price-to-earnings ratio of 17.07.
Suncor Energy (TSE:SU) last released its earnings data on Friday, August 1st. The company reported $0.77 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.94 by $0.17. On average, analysts predict that Suncor Energy will post $3.59 earnings per share for the current fiscal year.
Suncor Energy Inc (TSE:SU) is an integrated energy company.
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