StockWatch
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Petroleum Refining
DividendApr 21, 2026, 08:21 AM

SunocoCorp LLC Increases Quarterly Distribution by 6.25%

AI Summary

SunocoCorp LLC announced that its Board of Directors approved a quarterly cash distribution of $0.9899 per common unit for the quarter ended March 31, 2026. This distribution marks a 6.25% increase from the previous quarter, translating to an annualized distribution of $3.9596 per unit. The distribution is scheduled to be paid on May 20, 2026, to common unitholders of record as of May 8, 2026.

Key Highlights

  • Approved cash distribution of $0.9899 per common unit.
  • Represents a 6.25% increase in quarterly distribution.
  • Annualized distribution stands at $3.9596 per unit.
  • Payment date is May 20, 2026.
  • Record date for unitholders is May 8, 2026.