Suncor Energy's Board of Directors has approved a quarterly dividend of $0.47 cents per common share representing a 12% increase over the prior quarter dividend and the quarterly dividend in the company's history. This has enabled accelerated dividend increases including doubling the dividend last October and the further increase to the dividend announced. This dividend will be payable June 24, 2022 to shareholders of record at the close of business on June 3, 2022.