Suncor Energy: Quarterly Dividend to $0.13 Per Share

Suncor Energy (NYSE:SU) reported an increase in its quarterly dividend to $0.13 per share.

As quoted in the press release:

Dividend payments are reviewed on a quarterly basis by Suncor’s Board of Directors in light of the company’s financial position, its financing requirements for growth, anticipated cash flow and other factors considered relevant by the Board of Directors.

Suncor Energy’s Chief Financial Officer, Bart Demosky said:

We’re committed to returning more cash to shareholders through dividend increases as we grow our production and free cash flow.

Click here to read the Suncor Energy (NYSE:SU) press release.