Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.

TSX:SU - Post by User

Suncor Energy Inc

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Comment by polarpeakon Mar 17, 2020 2:19pm

178 Views

Post# 30817999

RE:DRIP

You get paid $xx.xx dividend for each share you own and it gets reinvested at the current share price. Now is a great time to reinvest dividends. No idea how your account is set up though. If you have 500 shares, at 12% dividend that is 1% a month, so you'd have enough to buy 5 shares a month. Hopefully you don't pay any commissions on the purchased drip shares.

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