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

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.

ChartMill's Evaluation of Dividend

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 8 out of 10:

• SU has a Yearly Dividend Yield of 4.09%, which is a nice return.
• SU's Dividend Yield is a higher than the industry average which is at 6.58.
• SU's Dividend Yield is rather good when compared to the S&P500 average which is at 2.16.
• On average, the dividend of SU grows each year by 7.66%, which is quite nice.
• SU has paid a dividend for at least 10 years, which is a reliable track record.
• 36.86% 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.

Health Examination for NYSE:SU

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 6 out of 10:

• SU's Altman-Z score of 2.20 is fine compared to the rest of the industry. SU outperforms 63.24% of its industry peers.
• The Debt to FCF ratio of SU is 1.80, which is an excellent value as it means it would take SU, only 1.80 years of fcf income to pay off all of its debts.
• The Debt to FCF ratio of SU (1.80) is better than 79.41% of its industry peers.
• SU has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
• The Current ratio of SU (1.46) is better than 60.29% of its industry peers.

Profitability Examination 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 6 out of 10:

• SU has a Return On Assets of 8.34%. This is in the better half of the industry: SU outperforms 69.61% of its industry peers.
• SU has a Return On Equity of 16.95%. This is in the better half of the industry: SU outperforms 66.67% of its industry peers.
• With a decent Return On Invested Capital value of 8.78%, SU is doing good in the industry, outperforming 60.29% of the companies in the same industry.
• SU's Profit Margin has improved in the last couple of years.
• With a decent Gross Margin value of 61.98%, SU is doing good in the industry, outperforming 68.14% of the companies in the same industry.

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

Check the latest full fundamental report of SU for a complete fundamental analysis.

Disclaimer

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.