HOUSTON, Jan. 26, 2016 /PRNewswire/ -- Sunoco LP
(NYSE: SUN) announced that the Board of Directors of its general
partner has declared a quarterly distribution for the fourth
quarter of 2015 of $0.8013 per common
unit, which corresponds to $3.2052
per common unit on an annualized basis. This represents a 7.5
percent increase compared to the distribution for the third quarter
of 2015 and a 33.6 percent increase compared with the fourth
quarter of 2014. This increase marks the eleventh consecutive
quarter that Sunoco LP has raised its distribution.
The distribution will be paid on February
16, 2016 to common unitholders of record on February 5, 2016.
About Sunoco LP
Sunoco LP (NYSE: SUN) is a master limited partnership that
operates more than 850 convenience stores and retail fuel sites and
distributes motor fuel to convenience stores, independent dealers,
commercial customers and distributors located in 30 states at
approximately 6,800 sites, both directly as well as through its
31.58 percent interest in Sunoco, LLC, in partnership with an
affiliate of Energy Transfer Partners, L.P. (NYSE:
ETP). SUN's general partner is owned by Energy Transfer
Equity, L.P. (NYSE: ETE). For more information, visit the
Sunoco LP website at www.SunocoLP.com.
Qualified Notice
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat
100 percent of Sunoco LP's distributions to non-U.S. investors as
being attributable to income that is effectively connected with a
United States trade or business.
Accordingly, Sunoco LP's distributions to non-U.S. investors are
subject to federal income tax withholding at the highest applicable
effective tax rate.
Contacts
Scott Grischow, Director –
Investor Relations and Treasury
(361) 884-2463, scott.grischow@sunoco.com
Dennard-Lascar Associates
Anne Pearson
(210) 408-6321, apearson@dennardlascar.com
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SOURCE Sunoco LP