SunocoCorp LLC (NYSE:SUNC) to Issue Dividend Increase – $1.00 Per Share

SunocoCorp LLC (NYSE:SUNC) announced a quarterly dividend on Monday, July 27th. Stockholders of record on Friday, August 7th will be given a dividend of 1.0023 per share on Wednesday, August 19th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, August 7th. This is a 1.3% increase from SunocoCorp’s previous quarterly dividend of $0.99.

SunocoCorp Trading Down 1.1%

Shares of SUNC opened at $75.47 on Tuesday. The firm has a market capitalization of $3.89 billion and a price-to-earnings ratio of 35.43. The firm has a 50 day simple moving average of $68.72. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 1.40. SunocoCorp has a 12 month low of $47.00 and a 12 month high of $77.55.

SunocoCorp (NYSE:SUNC) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.47. The company had revenue of $10.69 billion for the quarter, compared to analyst estimates of $9.56 billion. Equities research analysts forecast that SunocoCorp will post 6.88 EPS for the current year.

SunocoCorp Company Profile

Sunoco LP is an energy infrastructure and fuel distribution master limited partnership. Sunoco LP is based in DALLAS.