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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for Suncor Energy (NYSE: SU) is tomorrow, August 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $31.86 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Suncor Energy has been 4.2 million shares per day over the past 30 days. Suncor Energy has a market cap of $48.98 billion and is part of the basic materials sector and energy industry. Shares are up 10.4% 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 10.9, below the average energy industry P/E ratio of 11.3 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Suncor Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Oil, Energy Stocks, Recover After Volatile Week

Oil, Energy Stocks, Recover After Volatile Week

Flashback Friday: Nvidia Is the Ultimate Chip and Dip

Flashback Friday: Nvidia Is the Ultimate Chip and Dip

Pfizer Plans Price Hikes for 41 Drugs Next Year

Pfizer Plans Price Hikes for 41 Drugs Next Year

Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls

Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls

Homebuilder Stocks Rebound From Dip on Rate Hike Expectations

Homebuilder Stocks Rebound From Dip on Rate Hike Expectations