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Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and 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. The All Other segment operates retail stores that offer motor fuel, merchandise, foodservice, and other services that include credit card processing, car washes, lottery, automated teller machines, money orders, prepaid phone cards, and wireless services. It also leases and subleases real estate properties; and operates terminal facilities on the Hawaiian Islands. As of December 31, 2021, the company operated 78 retail stores in Hawaii and New Jersey. Sunoco GP LLC serves as the general partner of the company. The company was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in October 2014. Sunoco LP was founded in 1886 and is headquartered in Dallas, Texas.

Sunoco Dividend Announcement

Sunoco announced a quarterly dividend of $0.88 per ordinary share which will be made payable on 2024-08-19. Ex dividend date: 2024-08-09
Sunoco annual dividend for 2024 was $3.44
Sunoco annual dividend for 2023 was $3.35
Sunoco's trailing twelve-month (TTM) dividend yield is 8.15%
Sunoco's payout ratio for the trailing twelve months (TTM) is 56.92%
Sunoco's dividend growth over the last five years (2018-2023) was 0.30% year
Sunoco's dividend growth over the last ten years (2013-2023) was 6.44% year

Sunoco Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-09$0.88quarterly2024-08-19
2024-05-10$0.88quarterly2024-05-20
2024-02-07$0.84quarterly2024-02-20
2024-02-06$0.84quarterly2024-02-20
2023-10-27$0.84quarterly2023-11-20
2023-08-11$0.84quarterly2023-08-21
2023-05-05$0.84quarterly2023-05-22
2023-02-06$0.83quarterly2023-02-21
2022-11-03$0.83quarterly2022-11-18
2022-08-05$0.83quarterly2022-08-19
2022-05-06$0.83quarterly2022-05-19
2022-02-07$0.83quarterly2022-02-18
2021-11-04$0.83quarterly2021-11-19
2021-08-05$0.83quarterly2021-08-19
2021-05-10$0.83quarterly2021-05-19
2021-02-05$0.83quarterly2021-02-19
2020-11-05$0.83quarterly2020-11-19
2020-08-06$0.83quarterly2020-08-19
2020-05-06$0.83quarterly2020-05-19
2020-02-06$0.83quarterly2020-02-19
2019-11-04$0.83quarterly2019-11-19
2019-08-05$0.83quarterly2019-08-14
2019-05-06$0.83quarterly2019-05-15
2019-02-05$0.83quarterly2019-02-14
2018-11-05$0.83quarterly2018-11-14
2018-08-06$0.83quarterly2018-08-15
2018-05-04$0.83quarterly2018-05-15
2018-02-05$0.83quarterly2018-02-14
2017-11-06$0.83quarterly2017-11-14
2017-08-03$0.83quarterly2017-08-15
2017-05-05$0.83quarterly2017-05-16
2017-02-09$0.83quarterly2017-02-21
2016-11-03$0.83quarterly2016-11-15
2016-08-03$0.83quarterly2016-08-15
2016-05-04$0.82quarterly2016-05-16
2016-02-03$0.80quarterly2016-02-16
2015-11-13$0.75quarterly2015-11-27
2015-08-14$0.69quarterly2015-08-28
2015-05-15$0.65quarterly2015-05-29
2015-02-12$0.60quarterly2015-02-27
2014-11-14$0.55quarterly2014-11-28
2014-08-15$0.52quarterly2014-08-29
2014-05-16$0.50quarterly2014-05-30
2014-02-13$0.49quarterly2014-02-28
2013-11-15$0.47quarterly2013-11-29
2013-08-15$0.45quarterly2013-08-29
2013-05-16$0.44quarterly2013-05-30
2013-02-14$0.44quarterly2013-03-01

Sunoco Dividend per year

Sunoco Dividend growth

Sunoco Dividend Yield

Sunoco current trailing twelve-month (TTM) dividend yield is 8.15%. Interested in purchasing Sunoco stock? Use our calculator to estimate your expected dividend yield:

Sunoco Financial Ratios

P/E ratio7.96
PEG ratio0.14
P/B ratio1.42
ROE40.64%
Payout ratio56.92%
Current ratio1.26
Quick ratio0.72
Cash Ratio0.12

Sunoco Dividend FAQ

How much is the next Sunoco dividend?
Sunoco's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sunoco dividend. The next Sunoco dividend will be released in February, May, August, or October.
When is Sunoco dividend paid?
Sunoco pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sunoco pay?
The specific amount of Sunoco dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sunoco's dividend history.
Does Sunoco stock pay dividends?
Yes, Sunoco does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sunoco's dividend history.
How much dividend does Sunoco pay?
Sunoco paid $3.435 in 2024, $3.352 in 2023, $3.303 in 2022, $3.303 in 2021, and $3.302 in 2020.
How often does Sunoco pay dividends?
Sunoco typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and October.
What is Sunoco's dividend yield?
The current dividend yield for Sunoco is 8.15%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sunoco's exact dividend yield.
When does Sunoco go ex dividend?
Sunoco's ex-dividend date for the latest dividend was on 2024-08-09. Sunoco typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sunoco dividend paid?
Sunoco pays dividends on a quarterly basis, typically around February, May, August, or October, but the exact dates can vary each year.
Will Sunoco increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sunoco will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sunoco dividend per share?
Sunoco paid $3.435 per share in 2024 and $3.352 per share in 2023. The amount of dividend per share that Sunoco pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sunoco a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sunoco a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sunoco a dividend stock?
Yes, Sunoco is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sunoco a good dividend stock?
Whether Sunoco is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sunoco has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sunoco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Sunoco pay dividends monthly?
Sunoco typically pays dividends on a quarterly basis.
Does Sunoco pay dividends quarterly?
Sunoco currently pays dividends on a quarterly basis.
Has Sunoco ever paid a dividend?
Yes, Sunoco has a history of paying dividends to its shareholders. Sunoco is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sunoco dividend stocks?
To buy Sunoco you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Sunoco stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sunoco pay dividends 2024?
Sunoco pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sunoco increase its dividend in 2024?
Decisions regarding Sunoco dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sunoco dividend overview you can look into the above table of dividend history.
How Sunoco dividend works?
The Sunoco dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sunoco's dividend process works:

1. Determination of Dividend: Sunoco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Sunoco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Sunoco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Sunoco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Sunoco dividends paid?
Sunoco dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Sunoco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Sunoco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Sunoco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Sunoco pay dividends?
Sunoco typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sunoco pay dividends?
The general pattern is that Sunoco pays dividends around February, May, August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sunoco dividend safe?
The safety of Sunoco's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Sunoco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Sunoco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.