Suncor Energy Dividend yield




   CAD/share 
 Price  21.35
 Dividend  0.84
 Earnings  1.91
 Cash-flow  6.89
 Book value  26.69
 Equity  28.51

Suncor Energy is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Suncor Energy is a company from Canada, and his stocks are publicly traded.

Suncor Energy paid a total dividend of 1,281 million CAD last year, for a market value of 32,559 millions (Market Cap 32,554 millions). Dividend per share of Suncor Energy is 0.84 CAD, and his stock market price 21.35 CAD.

According to the chart below, where dividend yield is displayed, Suncor Energy has a dividend yield of 3.93%, which is similar to the amount offered by both the market average and companies from Canada. However, it is lower than the average of Oil and Gas industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Suncor Energy dividend yield with other Oil and Gas Producers companies or firms from Canada.

Dividend yield of Suncor Energy

Suncor Energy Dividend Payout

About the ability of Suncor Energy to maintain his current dividend of CAD 0.84 per share, an amount that accounts for 3.93%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Suncor Energy payout on ernings is currently 43.98%, which is higher than the market average, but lower than companies of Oil and Gas industry, which are 38.57% and 45.97% respectively. Both figures show that Suncor Energy should not have problems to continue paying his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Suncor Energy is CAD 6.89 per share, which is higher than the dividend per share paid by the company of CAD 0.84, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Suncor Energy, compared againt world market average, Canada companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Suncor Energy payout

Suncor Energy Dividend History

Year Yield  CAD  Paypout  Shares* 
Present3.93%0.8443.98%1,525
20193.95%1.6878.50%1,543
20183.78%1.4452.94%1,634
20172.77%1.280.00%1,669
20162.71%1.16-96.67%1,664
20153.14%1.1662.70%1,458

*In millions

Suncor Energy Stock performance

Finally, last moth Suncor Energy showed a return of 2.80% compared to a worldwide 3.99% average, and a 5.49% of Oil and Gas firms. Over the last year, the company obtained a -49.80% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for Canada and Oil and Gas Producers firms.

Suncor Energy stock and market return