Suncor Energy Inc. (TSE:SU) (NYSE:SU) declared a quarterly dividend on Wednesday, February 7th, RTT News reports. Stockholders of record on Monday, March 5th will be given a dividend of 0.36 per share on Monday, March 26th. This represents a $1.44 annualized dividend and a dividend yield of 3.39%. This is a positive change from Suncor Energy’s previous quarterly dividend of $0.32.
Suncor Energy (SU) traded down C$0.33 during mid-day trading on Wednesday, hitting C$42.45. 3,480,000 shares of the stock traded hands, compared to its average volume of 2,620,000. Suncor Energy has a 1 year low of C$36.09 and a 1 year high of C$47.69. The stock has a market capitalization of $69,920.00, a price-to-earnings ratio of 19.65 and a beta of 0.40.
In related news, insider Mark Stephen Little sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of C$45.51, for a total value of C$45,510.00.
About Suncor Energy
Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company’s Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations.
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