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Suncor Energy (Suncor Energy) 3-Year Dividend Growth Rate

: 24.30% (As of Dec. 2023)
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Suncor Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.41.

The historical rank and industry rank for Suncor Energy's 3-Year Dividend Growth Rate or its related term are showing as below:

SU' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -15.7   Med: 18.1   Max: 63
Current: 24.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Suncor Energy was 63.00% per year. The lowest was -15.70% per year. And the median was 18.10% per year.

SU's 3-Year Dividend Growth Rate is ranked better than
60.66% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs SU: 24.30

During the past 12 months, Suncor Energy's average Dividends Per Share Growth Rate was 12.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Suncor Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.37. As of today, Suncor Energy's Dividend Yield % is 4.26%.

Warning Sign:

Suncor Energy Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas Integrated subindustry, Suncor Energy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Suncor Energy 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Suncor Energy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Suncor Energy's 3-Year Dividend Growth Rate falls into.



Suncor Energy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Suncor Energy  (NYSE:SU) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Suncor Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.406/ 1.09
=0.37

During the past 13 years, the highest Dividend Payout Ratio of Suncor Energy was 19.02. The lowest was 0.27. And the median was 0.57.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Suncor Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.5452024-03-012024-03-042024-03-25Cash DividendquarterlyCAD:USD 0.738470
CAD 0.5452023-11-302023-12-012023-12-22Cash DividendquarterlyCAD:USD 0.735998
CAD 0.5202023-08-312023-09-012023-09-25Cash DividendquarterlyCAD:USD 0.738607
CAD 0.5202023-06-022023-06-052023-06-26Cash DividendquarterlyCAD:USD 0.755744

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Suncor Energy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.58064758/37.40
=4.23 %

Current Share Price is $37.40.
Suncor Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.58064758.

During the past 13 years, the highest Dividend Yield of Suncor Energy was 10.45%. The lowest was 1.58%. And the median was 3.17%.

Warning Sign:

Suncor Energy Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Suncor Energy 3-Year Dividend Growth Rate Related Terms>


Suncor Energy (Suncor Energy) Business Description

Industry
Traded in Other Exchanges
Address
150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
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 Petro-Canada 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.

Suncor Energy (Suncor Energy) Headlines