Sunoco LP Raises Dividend to $0.9088, Third Increase This Year.
ByAinvest
Thursday, Jul 24, 2025 4:58 pm ET1min read
MASS--
This is the third consecutive quarterly increase in Sunoco LP's distribution, aligning with the company's capital allocation strategy and its 2025 business outlook, which targets an annual distribution growth rate of at least 5%. Since 2022, Sunoco LP has increased distributions by approximately 10%, underscoring its commitment to returning capital to its unitholders [1][2][3].
Sunoco LP operates as a leading energy infrastructure and fuel distribution master limited partnership, serving over 40 U.S. states, Puerto Rico, Europe, and Mexico. The company's midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 100 terminals, which complement its fuel distribution operations serving approximately 7,400 Sunoco and partner branded locations and additional independent dealers and commercial customers [1][2].
This news release may include forward-looking statements subject to various risks and uncertainties, including future distribution levels, as discussed in the Partnership's Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events [1][2].
References:
[1] https://www.prnewswire.com/news-releases/sunoco-lp-announces-a-1-25-increase-in-quarterly-distribution-and-continues-to-target-2025-distribution-growth-rate-of-at-least-5-302513515.html
[2] https://www.marketscreener.com/news/sunoco-lp-announces-a-1-25-increase-in-quarterly-distribution-and-continues-to-target-2025-distribu-ce7c5fdada88f427
[3] https://www.stocktitan.net/news/SUN/sunoco-lp-announces-a-1-25-increase-in-quarterly-distribution-and-b9707gicp1qw.html
SUN--
Sunoco LP has raised its quarterly dividend to $0.9088, a 1.2% increase from the prior dividend of $0.8976. The forward yield is now 6.8%. The dividend is payable on August 19 for shareholders of record on August 8 and ex-div on August 8.
Sunoco LP (NYSE: SUN) has raised its quarterly dividend to $0.9088 per common unit, representing a 1.2% increase from the previous quarter's dividend of $0.8976. This increase brings the annualized dividend to $3.6352. The dividend is payable on August 19, 2025, to shareholders of record as of August 8, 2025, with an ex-dividend date of August 8, 2025. The forward yield is now 6.8%.This is the third consecutive quarterly increase in Sunoco LP's distribution, aligning with the company's capital allocation strategy and its 2025 business outlook, which targets an annual distribution growth rate of at least 5%. Since 2022, Sunoco LP has increased distributions by approximately 10%, underscoring its commitment to returning capital to its unitholders [1][2][3].
Sunoco LP operates as a leading energy infrastructure and fuel distribution master limited partnership, serving over 40 U.S. states, Puerto Rico, Europe, and Mexico. The company's midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 100 terminals, which complement its fuel distribution operations serving approximately 7,400 Sunoco and partner branded locations and additional independent dealers and commercial customers [1][2].
This news release may include forward-looking statements subject to various risks and uncertainties, including future distribution levels, as discussed in the Partnership's Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events [1][2].
References:
[1] https://www.prnewswire.com/news-releases/sunoco-lp-announces-a-1-25-increase-in-quarterly-distribution-and-continues-to-target-2025-distribution-growth-rate-of-at-least-5-302513515.html
[2] https://www.marketscreener.com/news/sunoco-lp-announces-a-1-25-increase-in-quarterly-distribution-and-continues-to-target-2025-distribu-ce7c5fdada88f427
[3] https://www.stocktitan.net/news/SUN/sunoco-lp-announces-a-1-25-increase-in-quarterly-distribution-and-b9707gicp1qw.html
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