Previous close | 55.43 |
Open | 55.90 |
Bid | 55.29 x 0 |
Ask | 55.30 x 0 |
Day's range | 55.27 - 56.69 |
52-week range | 37.09 - 56.69 |
Volume | |
Avg. volume | 9,104,355 |
Market cap | 71.081B |
Beta (5Y monthly) | 1.50 |
PE ratio (TTM) | 9.16 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.18 (3.93%) |
Ex-dividend date | 04 June 2024 |
1y target est | N/A |
Suncor Energy (SU) announced an increase in its share repurchase program to 75% of its free funds flow this quarter, with plans to escalate this to nearly 100% once net debt is reduced.
Over the past year, the Canadian market has shown robust growth with a 13% increase, despite a recent flat performance over the last week. In this context, dividend stocks like National Bank of Canada can be appealing for their potential to provide investors with steady income streams in addition to capital appreciation opportunities.
As the Canadian market mirrors favorable trends seen in the U.S., with moderating inflation and strong corporate earnings propelling stocks to new heights, investors are looking at a robust backdrop for exploring dividend-paying stocks on the TSX. In this environment, identifying stocks that offer sustainable dividends can be particularly appealing as they provide potential for steady income amidst ongoing economic growth and less restrictive monetary policies.