Suncor Stock remains my favorite oil stock for my Canada Portfolio.
But the recent news of dividends being cuts at Crescent Point, Trilogy Energy Corp, Baytex, Canadian Oil Sands and Pengrowth among others, brings to light the likelihood that Suncor Energy may have to cut its dividend as well.
Presently Suncor has a strong balance sheet and raised its annual dividend on July 29 to $1.16. But with a yield of 3.21% today and cash flow of $4.37 per share………..the rest of this article is for Canada Members.
Suncor Energy Stock Strategy Discussion
FullyInformed Canada Members can read the latest Suncor Energy Stock strategy discussion directly through this link. Members can also sign into the entire site here. Non-members can join the Canada site here or read about the benefits of membership.
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