Suncor Energy Inc. (NYSE:SU) (TSE:SU) declared a quarterly dividend on Tuesday, November 15th. Investors of record on Friday, December 2nd will be paid a dividend of 0.216 per share on Friday, December 23rd. This represents a $0.86 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Wednesday, November 30th.

Suncor Energy (NYSE:SU) opened at 30.73 on Tuesday. The company has a 50-day moving average price of $29.84 and a 200-day moving average price of $27.91. Suncor Energy has a one year low of $18.71 and a one year high of $32.19. The firm’s market cap is $51.16 billion.

Dividend History for Suncor Energy (NYSE:SU)

A number of large investors have recently modified their holdings of the company. BlackRock Group LTD boosted its stake in Suncor Energy by 35.2% in the second quarter. BlackRock Group LTD now owns 463,290 shares of the company’s stock worth $12,848,000 after buying an additional 120,540 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in Suncor Energy by 7,714.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 337,110 shares of the company’s stock worth $9,348,000 after buying an additional 332,796 shares during the period. Wetherby Asset Management Inc. boosted its stake in Suncor Energy by 25.1% in the second quarter. Wetherby Asset Management Inc. now owns 9,339 shares of the company’s stock worth $259,000 after buying an additional 1,872 shares during the period. BlackRock Japan Co. Ltd purchased a new stake in Suncor Energy during the second quarter worth about $108,000. Finally, Gagnon Advisors LLC purchased a new stake in Suncor Energy during the second quarter worth about $3,532,000. Hedge funds and other institutional investors own 64.54% of the company’s stock.

Several research firms have issued reports on SU. TD Securities reaffirmed a “buy” rating and issued a $46.00 price target (up previously from $45.00) on shares of Suncor Energy in a report on Monday, November 21st. Scotiabank reaffirmed an “outperform” rating and issued a $45.00 price target (up previously from $44.00) on shares of Suncor Energy in a report on Monday, November 21st. RBC Capital Markets reaffirmed an “outperform” rating and issued a $47.00 price target (up previously from $45.00) on shares of Suncor Energy in a report on Monday, November 21st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $50.00 price target on shares of Suncor Energy in a report on Monday, November 21st. Finally, Nomura reaffirmed a “buy” rating and issued a $45.00 price target on shares of Suncor Energy in a report on Monday, November 7th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Suncor Energy currently has an average rating of “Buy” and an average price target of $41.15.

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About Suncor Energy

Suncor Energy Inc (Suncor) is an 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.

5 Day Chart for NYSE:SU

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