Sunoco LP Declares 6.2% Increase in Quarterly Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2026
0mins
Should l Buy SUN?
Source: seekingalpha
- Dividend Increase: Sunoco LP has declared a quarterly dividend of $0.9899 per share, representing a 6.2% increase from the previous dividend of $0.9317, indicating ongoing improvements in cash flow and profitability, which is expected to boost investor confidence and attract more capital inflow.
- Yield Advantage: The forward yield of 6.07% not only provides shareholders with a substantial return but also enhances the company's attractiveness in the competitive energy market, further solidifying its market position.
- Payment Schedule: The dividend will be payable on May 20, with a record date of May 8 and an ex-dividend date also on May 8, ensuring that shareholders receive their earnings promptly, reflecting the company's commitment to shareholder interests.
- Debt Financing Plan: Sunoco LP plans to issue $1.2 billion in senior notes due in 2031 and 2034, a financing move that will provide additional capital support for the company's future expansion and investment strategies.
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Analyst Views on SUN
Wall Street analysts forecast SUN stock price to fall
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 69.300
Low
57.00
Averages
63.67
High
70.00
Current: 69.300
Low
57.00
Averages
63.67
High
70.00
About SUN
Sunoco LP is an energy infrastructure and fuel distribution master limited partnership operating across 32 countries and territories in North America, the Greater Caribbean, and Europe. Its midstream operations include a network of approximately 14,000 miles of pipeline and over 160 terminals. Its Fuel Distribution segment supplies motor fuel to independently operated dealer stations, distributors, commission agents and other consumers. Its Pipeline Systems segment includes an integrated pipeline and terminal network comprised of refined products, crude oil and ammonia pipelines and terminals. Through its Terminals segment, it operates four transmix processing facilities and 83 terminals. Its terminals provide storage and distribution services to support our fuel distribution business and other third-party customers. Its Refinery segment is composed of the Burnaby Refinery, which is responsible for the refining of fuel products and engaged in renewable business activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Distribution Growth Target: The company declared a distribution of $0.9899 per unit, with a trailing 12-month coverage ratio of 1.9x, aiming for at least a 5% multi-year distribution growth rate, reflecting confidence in future cash flows and a stable financial strategy.
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See More
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- Capital Expenditure Plans: The company expects to invest between $5.5 billion and $5.9 billion in growth capital for 2026, with $1.53 billion spent in Q1, showcasing confidence in future expansion, particularly in natural gas and LNG sectors.
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See More
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- Revenue Surge: The company achieved revenues of $10.69 billion in Q1, a 106.4% year-over-year increase, surpassing market expectations by $500 million, which underscores strong sales growth and market share expansion, further solidifying its market position.
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See More
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- Performance Expectations: Over the past year, Sunoco LP has exceeded EPS estimates 50% of the time and revenue estimates 75% of the time, reflecting the company's relative stability in managing market expectations.
- Revision Dynamics: In the last three months, EPS estimates saw one upward revision with no downward adjustments, while revenue estimates experienced one downward revision, suggesting fluctuating market confidence in the company's future revenue.
- Financing Strategy: Sunoco LP plans to issue $1.2 billion in senior notes maturing in 2031 and 2034, aimed at strengthening the company's capital structure and supporting future growth strategies.
See More
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Geographic Expansion: This partnership allows Sun Pharma to explore product launches in geographic areas where it currently has no presence.
See More
