Suncor Energy (TSX:SU) Dividend Payout Ratio : 0.36 (As of Sep. 2024)

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What is Suncor Energy Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Suncor Energy's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.36.

The historical rank and industry rank for Suncor Energy's Dividend Payout Ratio or its related term are showing as below:

TSX:SU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.56 Max: 17.06
Current: 0.4

During the past 13 years, the highest Dividend Payout Ratio of Suncor Energy was 17.06. The lowest was 0.27. And the median was 0.56.

TSX:SU's Dividend Payout Ratio is ranked better than
61.78% of 450 companies
in the Oil & Gas industry
Industry Median: 0.52 vs TSX:SU: 0.40

As of today (2024-12-12), the Dividend Yield % of Suncor Energy is 4.08%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Suncor Energy was 10.45%. The lowest was 2.39%. And the median was 3.37%.

Suncor Energy's Dividends per Share for the months ended in Sep. 2024 was C$0.55.

During the past 12 months, Suncor Energy's average Dividends Per Share Growth Rate was 4.80% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Suncor Energy Dividend Payout Ratio Historical Data

The historical data trend for Suncor Energy's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Suncor Energy Dividend Payout Ratio Chart

Suncor Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.33

0.39

0.27

0.42

Suncor Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.39	0.38	0.44	0.45	0.36

Competitive Comparison of Suncor Energy's Dividend Payout Ratio

For the Oil & Gas Integrated subindustry, Suncor Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Suncor Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Suncor Energy's Dividend Payout Ratio falls into.

Suncor Energy Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.105	/	5.015
	=	0.42

Suncor Energy's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.545	/	1.515
	=	0.36

Suncor Energy (TSX:SU) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Suncor Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Suncor Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Suncor Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Suncor Energy Inc (TSX:SU) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SU:USA SUU:Mexico SM3:Germany

Address

150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3

Website

https://www.suncor.com

Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil production, 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, and renewable fuels. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. The company's operating segments include Oil Sands, Exploration and Production, and Refining and Marketing. Geographically, the company generates a majority of its revenue from Canada.

Executives

Adam Husain Albeldawi	Senior Officer
Kristopher Peter Smith	Senior Officer
Kent Donald Ferguson	Senior Officer
Shelley Powell	Senior Officer
Jacqueline Sue Moore	Senior Officer
Arlene Joyce Strom	Senior Officer
Paul Douglas Gardner	Senior Officer
Bruno Francoeur	Senior Officer
Martha Kathleen Marlow Hall Findlay	Senior Officer
Michael Roderick Macsween	Senior Officer
Russell Girling	Director
Mark Stephen Little	Senior Officer
Joseph Anthony Vetrone	Senior Officer
Lorraine Mitchelmore	Director
Eric Charles Axford	Senior Officer