Sunoco (SUN) Raises Quarterly Dividend 2% to $0.8173; 9.3% Yield

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Go back to Sunoco (SUN) Raises Quarterly Dividend 2% to $0.8173; 9.3% Yield

Sunoco LP Announces 2.0% Increase in Quarterly Distribution

April 26, 2016 7:00 AM EDT

HOUSTON, April 26, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced that the Board of Directors of its general partner has declared a quarterly distribution for the first quarter of 2016 of $0.8173 per common unit, which corresponds to $3.2692 per common unit on an annualized basis.  This represents a 2.0 percent increase compared to the distribution for the fourth quarter of 2015 and a 26.7 percent increase compared with the first... More