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Suncor Energy sets quarterly dividend at $0.545 per share

EditorNatashya Angelica
Published 02/21/2024, 05:19 PM
© Reuters.

CALGARY, ALBERTA - Suncor Energy Inc. (TSX: NYSE:SU) (NYSE: SU), announced that its Board of Directors has declared a quarterly dividend of $0.545 per common share. The dividend is payable on March 25, 2024, to shareholders of record at the close of business on March 4, 2024.

This decision by the Canadian integrated energy company follows its continuous operations across various sectors, including oil sands development, offshore oil production, petroleum refining in both Canada and the U.S., and the management of its Petro-Canada retail and wholesale distribution networks. The latter includes the Electric Highway, a network of fast-charging EV stations spanning coast-to-coast.

Suncor Energy's commitment to a low-emissions future is evident in its investments in power and renewable fuels, alongside its traditional petroleum resource development. The company also engages in energy trading activities, primarily focused on the marketing and trading of crude oil, natural gas, byproducts, refined products, and power.

Investors and shareholders can note that Suncor's common shares are traded on both the Toronto and New York stock exchanges under the symbol "SU." The information regarding the dividend is based on a press release statement from the company. For those interested in further details about Suncor's operations and investment opportunities, the company's website offers additional resources.

The announcement of the dividend follows the company's established schedule of returning value to its shareholders and is consistent with its previous dividend declarations. Shareholders looking for additional information or with specific inquiries can reach out to Suncor's media and investor relations contacts provided in the press release.

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