News Image

Why the dividend investor may take a look at NYSE:SU.

By Mill Chart

Last update: Dec 18, 2023

Our stock screener has spotted SUNCOR ENERGY INC (NYSE:SU) as a good dividend stock with solid fundamentals. NYSE:SU shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.

Deciphering NYSE:SU's Dividend Rating

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:SU was assigned a score of 7 for dividend:

  • SU has a Yearly Dividend Yield of 5.20%, which is a nice return.
  • SU's Dividend Yield is a higher than the industry average which is at 6.89.
  • SU's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
  • On average, the dividend of SU grows each year by 7.80%, which is quite nice.
  • SU has paid a dividend for at least 10 years, which is a reliable track record.
  • SU pays out 33.41% of its income as dividend. This is a sustainable payout ratio.

Health Analysis for NYSE:SU

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:SU was assigned a score of 5 for health:

  • SU has a debt to FCF ratio of 2.48. This is a good value and a sign of high solvency as SU would need 2.48 years to pay back of all of its debts.
  • SU's Debt to FCF ratio of 2.48 is fine compared to the rest of the industry. SU outperforms 67.28% of its industry peers.
  • A Debt/Equity ratio of 0.36 indicates that SU is not too dependend on debt financing.

Understanding NYSE:SU's Profitability

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:SU scores a 5 out of 10:

  • SU's Profit Margin has improved in the last couple of years.
  • SU's Operating Margin has improved in the last couple of years.
  • SU has a better Gross Margin (64.55%) than 64.52% of its industry peers.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of SU


This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.