RE:RE:RE:RE:RE:RE:RE:RE:RE:With a yield No, i got the quote from investing.com. I shoulda had double check the yield before i included in in my post.
Suncor Energy Inc Toronto Stock Price Today | SU Live Ticker - Investing.com
w8asec wrote: mrbb, I'm guessing your ACB for SU is around $30.50 for you to think that 5.5% is the current dividend yield... It's currently just under 4.53% - nice gain for you though.
Perhaps, it's a good time to average up.
mrbb wrote: current 5.5% yield is quite good, anymore dividend would get out of line from other majors,unless SU want to become like income trust that's paying out too much, crash and burn. Share price get killed even harder if promised dividend can't be kept. We don't want SU to hedge oil production but we want SU to lock in a dividend for shareholder? Retirees can always go back to GIC if they want, i dare them to forfeit 5.5% dividend for 1.5% GIC.
alvarez2 wrote: There's many retirees than hold this.....................No dividend, stock gets major haircut.