Uncovering Dividend Opportunities with NYSE:SU.

Our stock screener has singled out SUNCOR ENERGY INC (NYSE:SU) as a promising choice for dividend investors. NYSE:SU not only scores well in profitability, solvency, and liquidity but also offers a decent dividend. We'll explore this further.

Understanding NYSE:SU's Dividend Score

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 4.08%, SU is a good candidate for dividend investing.
• Compared to an average industry Dividend Yield of 6.12, SU pays a bit more dividend than its industry peers.
• SU's Dividend Yield is rather good when compared to the S&P500 average which is at 2.29.
• The dividend of SU is nicely growing with an annual growth rate of 7.66%!
• SU has been paying a dividend for at least 10 years, so it has a reliable track record.
• 35.16% of the earnings are spent on dividend by SU. This is a low number and sustainable payout ratio.
• SU's earnings are growing more than its dividend. This makes the dividend growth sustainable.

Understanding NYSE:SU's Health

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:SU, the assigned 6 reflects its health status:

• With a decent Altman-Z score value of 2.14, SU is doing good in the industry, outperforming 60.29% of the companies in the same industry.
• The Debt to FCF ratio of SU is 2.00, which is a good value as it means it would take SU, 2.00 years of fcf income to pay off all of its debts.
• SU has a better Debt to FCF ratio (2.00) than 75.60% of its industry peers.
• A Debt/Equity ratio of 0.35 indicates that SU is not too dependend on debt financing.
• Looking at the Current ratio, with a value of 1.51, SU is in the better half of the industry, outperforming 64.59% of the companies in the same industry.

How do we evaluate the Profitability 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:

• SU has a better Return On Assets (8.80%) than 66.51% of its industry peers.
• Looking at the Return On Equity, with a value of 17.72%, SU is in the better half of the industry, outperforming 62.68% of the companies in the same industry.
• In the last couple of years the Profit Margin of SU has grown nicely.
• SU has a Gross Margin of 62.66%. This is in the better half of the industry: SU outperforms 66.99% of its industry peers.

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.