Uncovering Dividend Opportunities with NYSE:SU.

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.

How We Gauge Dividend for NYSE:SU

ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NYSE:SU earns a 7 out of 10:

• SU has a Yearly Dividend Yield of 4.84%, which is a nice return.
• Compared to an average industry Dividend Yield of 7.15, SU pays a bit more dividend than its industry peers.
• Compared to an average S&P500 Dividend Yield of 2.45, SU pays a better dividend.
• On average, the dividend of SU grows each year by 7.80%, which is quite nice.
• SU has been paying a dividend for at least 10 years, so it has a reliable track record.
• 33.41% of the earnings are spent on dividend by SU. This is a low number and sustainable payout ratio.

Unpacking NYSE:SU's Health Rating

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:SU scores a 5 out of 10:

• 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.
• With a decent Debt to FCF ratio value of 2.48, SU is doing good in the industry, outperforming 67.13% of the companies in the same industry.
• SU has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.

What does the Profitability looks like for NYSE:SU

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:

• In the last couple of years the Profit Margin of SU has grown nicely.
• In the last couple of years the Operating Margin of SU has grown nicely.
• Looking at the Gross Margin, with a value of 64.55%, SU is in the better half of the industry, outperforming 64.81% of the companies in the same industry.

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

Keep in mind

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.