Suncor Energy Stock To Go Ex-dividend Tomorrow (SU)

NEW YORK ( TheStreet) -- The ex-dividend date for Suncor Energy (NYSE: SU) is tomorrow, May 31, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $27.58 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for Suncor Energy has been 5.1 million shares per day over the past 30 days. Suncor Energy has a market cap of $43.69 billion and is part of the basic materials sector and energy industry. Shares are down 1% year to date as of the close of trading on Tuesday.

Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. The company has a P/E ratio of 9.3, below the average energy industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Suncor Energy as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Suncor Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Jim Cramer on Zillow's New Business: Buying and Selling Homes

Jim Cramer on Zillow's New Business: Buying and Selling Homes

Jim Cramer on the Markets: It's Natural to Have Some Profit Taking

Jim Cramer on the Markets: It's Natural to Have Some Profit Taking

Video: As Trade Worries Subside, Expect a 'Relief Rally' in Stocks

Video: As Trade Worries Subside, Expect a 'Relief Rally' in Stocks

Stocks Trade Mixed Amid Progress on U.S.-China Trade; Dow Turns Lower

Stocks Trade Mixed Amid Progress on U.S.-China Trade; Dow Turns Lower

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast