CALGARY, Alberta - Suncor Energy (TSX: NYSE:SU) (NYSE: SU), a major player in the Canadian energy landscape, announced that its Board of Directors has sanctioned a quarterly dividend of $0.545 per share for its common shares. The dividend is scheduled for distribution on June 25, 2024, to shareholders who are on record as of the close of business on June 4, 2024.
Renowned as Canada's leading integrated energy company, Suncor Energy's diverse portfolio spans oil sands development, offshore oil production, and petroleum refining in both Canada and the U.S. The company also manages a vast retail and wholesale distribution network through its Petro-Canada brand, which includes the Electric Highway, a transcontinental network of fast-charging stations for electric vehicles.
In its pursuit of operational excellence, Suncor is actively engaged in the marketing and trading of various energy commodities, including crude oil, natural gas, byproducts, refined products, and power. The company is simultaneously focused on developing petroleum resources and facilitating the transition to a low-emissions future. This dual approach involves investments in both power generation and renewable fuels.
Suncor's commitment to sustainable energy is reflected in its energy trading activities, which are primarily concentrated on the marketing and trading of energy commodities. The company's common shares are traded on the Toronto and New York stock exchanges under the symbol "SU."
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