Sunoco Logistics Partners (SXL) Raises Quarterly Dividend 4.5% to $0.438; 5.1% Yield
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Sunoco Logistics Announces Thirteenth Consecutive Quarter Over Quarter Distribution Increase of 5 Percent and Earnings Conference Call Date
July 23, 2015 8:35 AM EDTThe Partnership announces 41st successive quarterly distribution increase overall
PHILADELPHIA--(BUSINESS WIRE)-- Sunoco Logistics Partners L.P. (NYSE: SXL) (the Partnership) today announced that Sunoco Partners LLC, its general partner, has declared a cash distribution for the second quarter 2015 of $0.438 per common unit ($1.75 annualized) to be paid on August 14, 2015 to unit holders of record on August 10, 2015. This represents a 5 percent increase over the first quarter 2015 cash distribution of $0.419 per common unit ($1.68 annualized) and a 20 percent increase over the second quarter 2014 cash distribution of $0.365 per common unit ($1.46 annualized). This is the forty-first successive... More
