Sunoco Boosts Dividend 1.3%

Dow Jones

Apr 24

By Adam L. Cataldo

Sunoco raised its quarterly dividend by 1 cent to about 90 cents from 89 cents.

The energy infrastructure and fuel distribution company said Wednesday its board of directors approved the hike as part of its commitment of returning capital to investors. The increase is equal to $3.59 annually, and represents a dividend yield of 6.1% based on Sunoco's latest closing price of $59.24

The Dallas-based company, which is master limited partnership, will pay the dividend on May 20 common unitholders of record as of May 9.

Write to Adam Cataldo at adam.cataldo@wsj.com.

(END) Dow Jones Newswires

April 23, 2025 18:06 ET (22:06 GMT)

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Cataldo \n</p>\n<p>\n  Sunoco raised its quarterly dividend by 1 cent to about 90 cents from 89 cents. \n</p>\n<p>\n  The energy infrastructure and fuel distribution company said Wednesday its board of directors approved the hike as part of its commitment of returning capital to investors. 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Cataldo \n</p>\n<p>\n  Sunoco raised its quarterly dividend by 1 cent to about 90 cents from 89 cents. \n</p>\n<p>\n  The energy infrastructure and fuel distribution company said Wednesday its board of directors approved the hike as part of its commitment of returning capital to investors. The increase is equal to $3.59 annually, and represents a dividend yield of 6.1% based on Sunoco's latest closing price of $59.24 \n</p>\n<p>\n  The Dallas-based company, which is master limited partnership, will pay the dividend on May 20 common unitholders of record as of May 9. \n</p>\n<p>\n  Write to Adam Cataldo at adam.cataldo@wsj.com. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2025 18:06 ET (22:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4590","symbol_name":"PTP","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529766495","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529766495","pubTimestamp":1745445960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Sunoco raised its quarterly dividend by 1 cent to about 90 cents from 89 cents.The energy infrastructure and fuel distribution company said Wednesday its board of directors approved the hike as part of its commitment of returning capital to investors. The increase is equal to $3.59 annually, and represents a dividend yield of 6.1% based on Sunoco's latest closing price of $59.24. The Dallas-based company, which is master limited partnership, will pay the dividend on May 20 common unitholders of record as of May 9.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4590":"PTP","SUN":"太阳石油","BK4138":"石油与天然气的炼制和营销"},"translate_title":"Sunoco将股息提高1.3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SUN":0.9},"content_text":"By Adam L. Cataldo \n\n\n  Sunoco raised its quarterly dividend by 1 cent to about 90 cents from 89 cents. \n\n\n  The energy infrastructure and fuel distribution company said Wednesday its board of directors approved the hike as part of its commitment of returning capital to investors. The increase is equal to $3.59 annually, and represents a dividend yield of 6.1% based on Sunoco's latest closing price of $59.24 \n\n\n  The Dallas-based company, which is master limited partnership, will pay the dividend on May 20 common unitholders of record as of May 9. \n\n\n  Write to Adam Cataldo at adam.cataldo@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2025 18:06 ET (22:06 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}