Sunoco Dividend
Dividend criteria checks 6/6
Sunoco is a dividend paying company with a current yield of 5.91% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
5.9%
Dividend yield
72%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 20 May 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$4.74 |
| Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Sunoco LP: Big Deal Coming In 2024 - Mr. Market Says 'So What?'
Apr 12A Fair Deal Between Sunoco And NuStar Energy
Jan 25Sunoco: An Attractive Investment Prospect At An Unattractive Price Point
Jan 19Sunoco Q3: Operational Performance Has Been Strong, But Stock Looks Fairly Valued
Nov 17Sunoco: Steady Q3 Results With Shares At Fair Value
Nov 01Sunoco Is A Solid Income Option, But IDRs Are Burdensome
Sep 01Sunoco: 8% Yield At The Pump, Record EBITDA
Jun 23Sunoco: Income Investors Should Take Note Of This Undervalued Opportunity
Jun 03Sunoco LP reports Q4 earnings miss; reaffirms FY23 Adjusted EBITDA outlook
Feb 15Sunoco LP declares $0.8255 dividend
Jan 27Sunoco: Attractive Dividend And Growing Through Acquisitions
Jan 19Sunoco Q3 Earnings Preview
Oct 31Sunoco LP declares $0.8255 dividend
Oct 25Sunoco LP: 8% Yield, Leverage Keeps Improving
Sep 16Sunoco: Surprisingly Strong Start To 2022, But The Same Distributions
Aug 20Sunoco LP GAAP EPS of $1.20 beats by $0.14, revenue of $7.82B beats by $2.19B
Aug 03The 8.4% Distribution Yield Of Sunoco LP Is Safer Than Most Investors Think
Jun 16Sunoco: Distributions Still Stuck, Despite Pain At The Pump
Apr 01The 7.6% Distribution Of Sunoco LP Is Safer Than You Think
Jan 20Is Sunoco A Good Dividend Stock? Buy This Moated MLP For The 8.9% Yield
Sep 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SUN's dividends per share have been stable in the past 10 years.
Growing Dividend: SUN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sunoco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SUN) | 5.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast in 3 Years (SUN) | 6.5% |
Notable Dividend: SUN's dividend (5.91%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: SUN's dividend (5.91%) is in the top 25% of dividend payers in the US market (4.69%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.6%), SUN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.9%), SUN's dividend payments are covered by cash flows.