Why NYSE:SU is a Top Pick for Dividend Investors.

SUNCOR ENERGY INC (NYSE:SU) has caught the attention of dividend investors as a stock worth considering. NYSE:SU excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.

Dividend Analysis for NYSE:SU

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:SU has been awarded a 8 for its dividend quality:

• With a Yearly Dividend Yield of 4.16%, SU is a good candidate for dividend investing.
• SU's Dividend Yield is a higher than the industry average which is at 5.79.
• 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 7.66%, which is quite nice.
• SU has been paying a dividend for at least 10 years, so it has a reliable track record.
• SU pays out 33.14% of its income as dividend. This is a sustainable payout ratio.
• SU's earnings are growing more than its dividend. This makes the dividend growth sustainable.

Exploring NYSE:SU's Health

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:SU has earned a 6 out of 10:

• Looking at the Altman-Z score, with a value of 2.16, SU is in the better half of the industry, outperforming 60.09% of the companies in the same industry.
• The Debt to FCF ratio of SU is 2.40, which is a good value as it means it would take SU, 2.40 years of fcf income to pay off all of its debts.
• SU has a Debt to FCF ratio of 2.40. This is in the better half of the industry: SU outperforms 71.36% of its industry peers.
• A Debt/Equity ratio of 0.35 indicates that SU is not too dependend on debt financing.
• SU's Current ratio of 1.44 is fine compared to the rest of the industry. SU outperforms 62.91% of its industry peers.

Profitability Assessment of NYSE:SU

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:SU has earned a 5 out of 10:

• With a decent Return On Assets value of 9.37%, SU is doing good in the industry, outperforming 61.97% of the companies in the same industry.
• In the last couple of years the Profit Margin of SU has grown nicely.
• With a decent Gross Margin value of 62.90%, SU is doing good in the industry, outperforming 65.73% of the companies in the same industry.

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

Our latest full fundamental report of SU contains the most current fundamental analsysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.