Suncor Energy increases dividend

Core Viewpoint - Suncor Energy has announced a quarterly dividend increase of approximately 5%, reflecting strong operational performance and a commitment to shareholder value [1][2]. Group 1: Dividend Announcement - The Board of Directors approved a quarterly dividend of $0.60 per common share, marking a 5% increase from the previous dividend [1]. - The dividend will be payable on December 24, 2025, to shareholders of record as of December 3, 2025 [2]. Group 2: Operational Performance - The company has achieved record performance across its assets due to continued operational improvements, resulting in strong free funds flow per share and significant share repurchases [2]. - The decision to raise the dividend is supported by the Board's confidence in the company's improved operational performance and solid financial foundation [2]. Group 3: Company Overview - Suncor Energy is Canada's leading integrated energy company, involved in oil sands development, offshore oil production, and petroleum refining in Canada and the U.S. [3]. - The company is also focused on advancing the transition to a lower-emissions future through investments in lower emissions intensity power and renewable feedstock fuels [3]. - Suncor's common shares are listed on both the Toronto and New York stock exchanges [3].