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Sunoco LP Announces a 1.25% Increase in Quarterly Distribution and Continues to Target 2025 Distribution Growth Rate of At Least 5%

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Sunoco LP (NYSE: SUN) has announced a quarterly distribution increase of 1.25% to $0.8976 per common unit ($3.5904 annualized) for Q1 2025. This marks the second consecutive quarterly distribution increase, aligning with SUN's capital allocation strategy and 2025 business outlook targeting an annual distribution growth rate of at least 5%.

The distribution will be paid on May 20, 2025, to unitholders of record as of May 9, 2025. Since 2022, SUN has demonstrated its commitment to unitholder returns by increasing distributions by approximately 9%.

Sunoco LP (NYSE: SUN) ha annunciato un aumento della distribuzione trimestrale dell'1,25%, portandola a 0,8976$ per unità ordinaria (3,5904$ annualizzati) per il primo trimestre del 2025. Questo rappresenta il secondo aumento trimestrale consecutivo, in linea con la strategia di allocazione del capitale di SUN e con le previsioni aziendali per il 2025, che puntano a un tasso di crescita annuo delle distribuzioni di almeno il 5%.

La distribuzione sarà pagata il 20 maggio 2025 agli azionisti registrati al 9 maggio 2025. Dal 2022, SUN ha dimostrato il suo impegno verso i rendimenti per gli azionisti aumentando le distribuzioni di circa il 9%.

Sunoco LP (NYSE: SUN) ha anunciado un aumento del 1,25% en la distribución trimestral, elevándola a 0,8976$ por unidad común (3,5904$ anualizados) para el primer trimestre de 2025. Este es el segundo aumento trimestral consecutivo, alineado con la estrategia de asignación de capital de SUN y las perspectivas comerciales para 2025, que apuntan a un crecimiento anual de las distribuciones de al menos el 5%.

La distribución se pagará el 20 de mayo de 2025 a los accionistas registrados al 9 de mayo de 2025. Desde 2022, SUN ha demostrado su compromiso con el retorno a los accionistas aumentando las distribuciones en aproximadamente un 9%.

Sunoco LP (NYSE: SUN)는 2025년 1분기 보통주 단위당 분기 배당금을 1.25% 인상하여 0.8976달러(연환산 3.5904달러)로 발표했습니다. 이는 SUN의 자본 배분 전략과 2025년 연간 배당 성장률 최소 5% 목표에 부합하는 두 번째 연속 분기 배당 인상입니다.

배당금은 2025년 5월 20일에 지급되며, 2025년 5월 9일 기준 주주 명부에 등재된 주주에게 지급됩니다. 2022년 이후 SUN은 약 9%의 배당금 인상을 통해 주주 수익에 대한 의지를 보여주고 있습니다.

Sunoco LP (NYSE : SUN) a annoncé une augmentation de 1,25 % de sa distribution trimestrielle, la portant à 0,8976 $ par unité ordinaire (3,5904 $ annualisés) pour le premier trimestre 2025. Il s'agit de la deuxième augmentation trimestrielle consécutive, conforme à la stratégie d'allocation de capital de SUN et aux perspectives commerciales 2025 visant un taux de croissance annuel des distributions d'au moins 5 %.

La distribution sera versée le 20 mai 2025 aux porteurs inscrits au registre au 9 mai 2025. Depuis 2022, SUN démontre son engagement envers les rendements des actionnaires en augmentant les distributions d'environ 9 %.

Sunoco LP (NYSE: SUN) hat eine Erhöhung der vierteljährlichen Ausschüttung um 1,25 % auf 0,8976 $ pro Stammanteil (3,5904 $ annualisiert) für das erste Quartal 2025 angekündigt. Dies ist die zweite aufeinanderfolgende vierteljährliche Erhöhung und entspricht der Kapitalallokationsstrategie von SUN sowie der Geschäftsaussicht für 2025 mit einem Ziel von mindestens 5 % jährlichem Ausschüttungswachstum.

Die Ausschüttung wird am 20. Mai 2025 an die zum 9. Mai 2025 eingetragenen Anteilseigner ausgezahlt. Seit 2022 zeigt SUN sein Engagement für die Aktionärsrendite durch eine Steigerung der Ausschüttungen um etwa 9 %.

Positive
  • Quarterly distribution increased by 1.25% to $0.8976 per unit
  • Second consecutive quarterly distribution increase
  • 9% total distribution increase since 2022
  • Commitment to 5% annual distribution growth rate target for 2025
Negative
  • None.

DALLAS, April 23, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that the Board of Directors of SUN's general partner declared a distribution of $0.8976 per common unit, or $3.5904 on an annualized basis, for the quarter ended March 31, 2025. This represents an increase of approximately 1.25%, or $0.0111 per common unit, as compared with the quarter ended December 31, 2024.

This is the second consecutive quarterly increase in SUN's distribution and is consistent with SUN's capital allocation strategy and 2025 business outlook which includes an annual distribution growth rate of at least 5%. Since 2022, SUN has increased distributions by approximately 9% underscoring the Partnership's ongoing commitment to returning capital to its unitholders.

The quarterly distribution will be paid on May 20, 2025, to common unitholders of record as of May 9, 2025.

About Sunoco LP

Sunoco LP (NYSE: SUN) is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. The Partnership's midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 100 terminals. This critical infrastructure complements the Partnership's fuel distribution operations, which serve approximately 7,400 Sunoco and partner branded locations and additional independent dealers and commercial customers. SUN's general partner is owned by Energy Transfer LP (NYSE: ET).

Forward-Looking Statements

This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control. An extensive list of factors that can affect future results, including future distribution levels, are discussed in the Partnership's Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

Qualified Notice

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that one hundred percent (100%) of Sunoco LP's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Sunoco LP's distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Sunoco LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold.

Contacts
Scott Grischow
Treasurer, Senior Vice President – Finance
(214) 840-5660, scott.grischow@sunoco.com

Erik Gulbrandsen
Director – Investor Relations and Capital Markets
(214) 840-5684, erik.gulbrandsen@sunoco.com

 

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SOURCE Sunoco LP

FAQ

What is Sunoco LP's (SUN) new quarterly distribution amount for Q1 2025?

Sunoco LP's new quarterly distribution is $0.8976 per common unit ($3.5904 annualized), representing a 1.25% increase from Q4 2024.

When will Sunoco LP (SUN) pay its Q1 2025 distribution?

The quarterly distribution will be paid on May 20, 2025, to unitholders of record as of May 9, 2025.

What is Sunoco LP's (SUN) target distribution growth rate for 2025?

Sunoco LP is targeting an annual distribution growth rate of at least 5% for 2025.

How much has Sunoco LP (SUN) increased its distributions since 2022?

Since 2022, Sunoco LP has increased its distributions by approximately 9%.

Is this Sunoco LP's (SUN) first distribution increase in 2025?

No, this is SUN's second consecutive quarterly distribution increase.
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