Sunoco LP (NYSE:SUN) declared a quarterly dividend on Friday, October 25th, Fidelity reports. Stockholders of record on Tuesday, November 5th will be paid a dividend of 0.8255 per share by the oil and gas company on Tuesday, November 19th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 9.75%. The ex-dividend date is Monday, November 4th.
Shares of SUN stock opened at $33.87 on Friday. Sunoco has a fifty-two week low of $23.80 and a fifty-two week high of $34.09. The stock has a market cap of $3.31 billion, a P/E ratio of 13.13 and a beta of 0.77. The business has a fifty day simple moving average of $31.90 and a 200-day simple moving average of $31.43. The company has a quick ratio of 0.78, a current ratio of 1.24 and a debt-to-equity ratio of 4.51.
Sunoco (NYSE:SUN) last announced its quarterly earnings results on Wednesday, August 7th. The oil and gas company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.31). Sunoco had a net margin of 1.21% and a return on equity of 35.57%. The firm had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.17 billion. During the same quarter in the prior year, the business earned $0.58 EPS. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Sunoco will post 2.13 earnings per share for the current year.
Sunoco LP, together with its subsidiaries, engages in the distribution and retailing of motor fuels in the United States. The company operates through two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and major oil companies and supplies it to independently operated dealer stations, distributors and other consumer of motor fuel, and partnership operated stations, as well as to commission agent locations.
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