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Should Suncor Energy Inc. (TSE:SU) Be Your Next Stock Pick?

Simply Wall St

I've been keeping an eye on Suncor Energy Inc. (TSE:SU) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe SU has a lot to offer. Basically, it is a dependable dividend-paying company with a great history of delivering benchmark-beating performance. Below, I've touched on some key aspects you should know on a high level. If you're interested in understanding beyond my broad commentary, take a look at the report on Suncor Energy here.

Established dividend payer with proven track record


TSX:SU Income Statement, September 16th 2019

Income investors would also be happy to know that SU is a great dividend company, with a current yield standing at 4.2%. SU has also been regularly increasing its dividend payments to shareholders over the past decade.

TSX:SU Historical Dividend Yield, September 16th 2019

Next Steps:

For Suncor Energy, there are three important aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for SU’s future growth? Take a look at our free research report of analyst consensus for SU’s outlook.
  2. Financial Health: Are SU’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SU? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.