Suncor Energy Inc T.SU

Ex-Dividend Date: Sept 2

[MigraineCall]

Reminder that the Suncor quarterly ex dividend date is tomorrow Sept 2, for those owning shares at the end of the day.

Too late to buy more today, as it goes by settlement date not purchase date. Yesterday was the cutoff for a buy.

Current payout is $0.21 this quarter, paid on Sept 24, now yielding 3.59% annually.

Looking forward to the day divided increases are announced with the massive FCF generated now after some debt paydown and share buybacks, especially at these low share prices.

I do not think Management is as blind or deaf to the calls of the shareholders, regulators, and the market as some would believe. 

Decarbonizing the oilsands is coming, as well as other green energy initiatives. However once these things are announced, it may be too late for investors to board, and many will be running after the plane on the tarmac or hanging on to the landing gear losing their 'Sandal in the Wind'.

[Obscure1]

Migraine said "Too late to buy more today, as it goes by settlement date not purchase date. Yesterday was the cutoff for a buy" NOT TRUE.  Sept 2 is the ex-dividend date which means the stock trades "with dividend" today. Stocks now trade on 2 day settlement as opposed to 3 day settlement used in the past.  The record date is the day after the ex-dividend date

[MigraineCall]

I got caught on the wrong side last quarter. I bought some more yesterday, with TD, and the settlement shown was Sept 2. Better price today if it works for you.

[Obscure1]

Migraine: This is what showed up this morning on the TDWB site: SUNCOR ENERGY INC $23.07 | -tick0.00 (0.00%) Bid / Ask$23.25 / $23.25 SU closed at Cdn$23.28 yesterday.  Subtracting the $0.21 dividend, TD reset the bar at $23.07 this morning.  The early morning bid and ask prices are subject to jumping around until the market opens, just like every other day. I would

[MigraineCall]

Thanks. Last quarter I did in fact call in and talk to a TD trading rep, and I was in fact too late to get it according to their settlement dates. This month I should be OK. Expecting around a $7k payout this qtr. so nothing to sneeze at.

[liljohnnyjoke]

barring a big jump in oil prices due to war in the gulf etc I think Canadian oils will drift lower as we approach the election. Trudeau will likely win and he will continue to punish oil companies with emission reductions costs, carbon tax increase, fuel tax increase etc. He wants to tax banks and insurance companies, who will increase service fees and premiums to customers to pay for that, so its

[Chad123]

Higher gas prices means more tax dollars for the Fed coffers. Fcuk Trueasadouce and the horse he rode into town on. Vote any colour but Red!

[Tommy123]

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[Oldnagger]

I have lond since put Trudeau on ignore, but I will keep you as I am waiting with baited breath to learn all the dirt on O' Toole. I have heard that the liberals plan on accusing him of secretly voting for Harper in the past LOL BTW the. Conservatives are now leading in the polls !!

[Tommy123]

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