23:05 | 05.05.2011
Sunoco Declares Quarterly Dividend of $0.15 Per Share on Common Stock
Sunoco, Inc.’s (NYSE: SUN) Board of Directors today declared a cash
dividend for the second quarter of 2011 of $0.15 per share on all full
shares of common stock outstanding, payable June 10, 2011 to
shareholders of record at the close of business on May 19, 2011.
Sunoco is a leading transportation fuel provider with operations located
primarily in the East Coast and Midwest regions of the United States.
The company sells transportation fuels through more than 4,900 branded
retail locations in 23 states. APlus convenience stores are operated by
the company or independent dealers in more than 600 retail locations.
The retail network in the Northeast is principally supplied by
Sunoco-owned refineries with a combined crude oil processing capacity of
505,000 barrels per day. Sunoco is also the General Partner and has a
31-percent interest in Sunoco Logistics Partners, L.P., a publicly
traded master limited partnership which owns and operates 7,600 miles of
refined product and crude oil pipelines and approximately 40 active
product terminals. Through SunCoke Energy, Sunoco makes high-quality
metallurgical-grade coke for major steel manufacturers. The company’s
facilities in the U.S. have the capacity to manufacture approximately
3.67 million tons of metallurgical coke annually. Sunoco also is the
operator of, and has an equity interest in, a 1.7 million tons-per-year
coke-making facility in Vitória, Brazil.
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