Sunoco LP hikes dividend by 1.5%
Sunoco LP (SUN) will hike its dividend by 1.5% to 92.02 cents quarterly. This is the fourth hike in 2025 and marks 3 straight years of increases.
Sunoco LP (SUN) has announced a 5.1% dividend increase for 2025, raising its quarterly distribution to $0.92 per share. On an annualized basis, the partnership will pay $3.68 per share, which represents a dividend yield of 6.8% at the current unit price of $53.80. The ex-dividend date is October 30, 2025.
The company, active in oil and gas storage and transportation, has now increased its dividend for three consecutive years. Over the past five years, Sunoco’s dividend has grown at a compound annual rate of 2.2%, while the ten-year CAGR stands at 2.1%.
As of October 21, 2025, Sunoco’s units have recorded a year-to-date total return of 10.1%, reflecting steady income performance.
SUN Dividend News