Sunoco Logistics Partners (SXL) Raises Quarterly Dividend 4.6% to $0.479; 9.3% Yield

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Sunoco Logistics Announces Fifteenth Consecutive Quarter over Quarter Distribution Increase of 5 Percent and Earnings Conference Call Date

January 28, 2016 9:27 AM EST

The Partnership announces 43rd successive quarterly distribution increase overall

NEWTOWN SQUARE, Pa.--(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 fourth quarter 2015 of $0.479 per common unit ($1.92 annualized) to be paid on February 12, 2016 to unit holders of record on February 08, 2016. This represents a 5 percent increase over the third quarter 2015 cash distribution of $0.458 per common unit ($1.83 annualized) and a 20 percent increase over the fourth quarter 2014 cash distribution of $0.400 per common unit ($1.60... More