SunocoCorp LLC (NYSE:SUNC) to Issue Quarterly Dividend of $1.00

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

SunocoCorp Stock Down 1.1%

NYSE SUNC opened at $75.47 on Tuesday. The business has a fifty day moving average of $68.72. SunocoCorp has a fifty-two week low of $47.00 and a fifty-two week high of $77.55. The firm has a market capitalization of $3.89 billion and a PE ratio of 35.43. 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 (NYSE:SUNC) last released its quarterly earnings results on Tuesday, May 5th. The company reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.47. The firm had revenue of $10.69 billion for the quarter, compared to analyst estimates of $9.56 billion. As a group, analysts anticipate that SunocoCorp will post 6.88 EPS for the current year.

About SunocoCorp

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