Post by
bullbird on Feb 15, 2023 6:59am
Comparison of CNQ and SU dividend
At the present valuations both dividends yeald the same per dollar of investement.
CNQ dividend 0.85 per share per quarter
SU dividend 0.52 per share per quarter
1000 shares SU $46,000.00 you earn $520.00 every quarter x 4 = 0.0425 % per dollar per year
1000 shares CNQ $80,000.00 you earn $850.00 every quarter x 4 = 0.0425 % per dollar per year
#dothemath
Comment by
mbuch on Feb 15, 2023 8:43am
And that's why raising the dividend can generally raises the stock price.
Comment by
bullbird on Feb 15, 2023 12:31pm
I agree, just making the comparsion. Some people think CNQ is a better investment because of the larger dividend.