Sunoco Raises Dividend by 1.2%

Dow Jones

01/28

By Kelly Cloonan

Sunoco raised its quarterly dividend by about 1.2%, to 93.17 cents a share from 92.02 cents.

The new payout, equal to about $3.73 a year, represents an annual yield of about 6.4% based on Tuesday's closing price of $58.62.

The dividend is payable Feb. 19 to stockholders of record Feb. 6, the company said.

Sunoco said it targets a 2026 distribution growth rate of at least 5% with future increases to be announced quarterly.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

January 27, 2026 17:10 ET (22:10 GMT)

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