Sunoco LP Raises Quarterly Distribution 6.25% to $0.9899 Per Unit
Sunoco LP (NYSE: SUN), a fuel distribution master limited partnership, declared a quarterly distribution of $0.9899 per common unit for the quarter ended March 31, 2026. The distribution reflects a 6.25% increase from the prior quarter's $0.9317 per unit.
Sunoco LP (NYSE: SUN), a fuel distribution master limited partnership operating across 32 countries and territories, declared a quarterly distribution of $0.9899 per common unit for the quarter ended March 31, 2026. The distribution reflects a 6.25% increase from the prior quarter's $0.9317 per unit, marking the sixth consecutive quarterly increase. Read more dividend announcements.
The increase includes a one-time step-up of 5% combined with a quarterly increase of 1.25%. On an annualized basis, the distribution totals $3.9596 per unit, representing a 10% increase over the first quarter 2025 annualized distribution.
The board of directors of Sunoco GP LLC, the partnership's general partner, approved the distribution on April 21, 2026. The company cited continued financial stability, execution of accretive acquisitions and growth projects, and confidence in future distribution growth as drivers of the increase.
| Distribution Details | Information |
|---|---|
| Amount Per Unit | $0.9899 |
| Annualized Amount | $3.9596 |
| Record Date | May 8, 2026 |
| Payment Date | May 20, 2026 |
| Prior Quarter Amount | $0.9317 |
| Increase | $0.0582 (6.25%) |
Distribution Growth Pattern
The partnership has maintained a multi-year distribution growth strategy targeting at least 5% annual increases. Historical growth rates show 2% in 2023, 4% in 2024, and 5% in 2025.
Sunoco LP operates an energy infrastructure network that includes approximately 14,000 miles of pipeline and over 160 terminals across North America, the Greater Caribbean, and Europe. The infrastructure supports the partnership's fuel distribution operations spanning 32 countries and territories.