Sunoco LP raises its quarterly dividend by 1.2% to $0.9088 per share, offering a 6.8% forward yield. Analysts predict a 20.42% upside with a target price of $64.40, while GuruFocus estimates suggest a potential 36.33% downside with a GF Value of $34.05.
Sunoco LP (NYSE: SUN) has announced a 1.25% increase in its quarterly cash distribution, raising it to $0.9088 per common unit for the quarter ending June 30, 2025. This marks the third consecutive quarterly increase, aligning with the company's strategy to achieve a distribution growth rate of at least 5% in 2025. The distribution will be paid on August 19, 2025, to unitholders of record as of August 8, 2025 [1].
The latest analyst rating on SUN stock is a Buy with a $66.00 price target [1]. According to Spark, TipRanks' AI Analyst, SUN is an Outperform. Sunoco's overall stock score is primarily driven by its solid financial performance and positive earnings call outlook. Continued focus on debt management and cash flow improvement will be key for long-term success [1].
Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across over 40 U.S. states, Puerto Rico, Europe, and Mexico. The company manages a vast network of approximately 14,000 miles of pipeline and over 100 terminals, supporting its fuel distribution services to around 7,400 Sunoco and partner branded locations, as well as independent dealers and commercial customers [2].
Analysts predict a 20.42% upside with a target price of $64.40, while GuruFocus estimates suggest a potential 36.33% downside with a GF Value of $34.05 [3]. This recent increase in the dividend is a reflection of the company's commitment to returning capital to its investors and maintaining a strong financial performance.
References:
[1] https://www.tipranks.com/news/company-announcements/sunoco-increases-quarterly-cash-distribution-by-1-25
[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://seekingalpha.com/news/4471842-sunoco-lp-raises-dividend-for-the-third-time-to-09088
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