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StocksMediumUpdated•Originally published 21 April 2026•Updated 21 April 2026•

1 min read

Sunoco Hikes Quarterly Distribution by 6.25% for Sixth Consecutive Quarter

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Key Facts

1Sunoco announced a 6.25% increase in its quarterly distribution to $0.9899 per unit.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Added performance data for the Global X MLP ETF (MLPA), including its year-to-date gains and record-high quarterly dividend.

Sunoco LP and SunocoCorp LLC have announced a 6.25% increase in their quarterly cash distribution to $0.9899 per unit, totaling $3.9596 on an annualized basis. This marks the sixth consecutive quarter of distribution growth, signaling robust financial stability and sustainable performance. The distribution is scheduled for payment on May 20, 2026, to unitholders of record as of May 8, 2026. This growth aligns with broader sector strength, as the Global X MLP ETF (MLPA) delivered a 10.9% year-to-date gain through April 2026. Furthermore, MLPA's quarterly dividend hit a record high of $1.00, driven by surging energy demand. Such consistent increases highlight the company's healthy cash flow and reinforce Sunoco's position as an attractive option for income-focused investors.