22:30 | 02.09.2010
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 fourth quarter of 2010 of $0.15 per share on all full
shares of common stock outstanding, payable December 10, 2010 to
shareholders of record at the close of business on November 17, 2010.
Sunoco is a leading transportation fuel provider, with operations
located primarily in the East Coast and Midwest regions of the United
States. The company operates more than 4,700 branded retail locations
that market transportation fuels and convenience store merchandise in 23
states. This retail network is principally supplied by Sunoco-owned
refineries with a combined crude oil processing capacity of 675,000
barrels per day. Sunoco is also the General Partner and has a 33-percent
interest in Sunoco Logistics Partners, L.P., a publicly traded master
limited partnership which owns and operates 6,000 miles of refined
product and crude oil pipelines and approximately 40 product terminals.
Many of Sunoco Logistics’ pipelines and terminals and storage facilities
are integrated with Sunoco’s retail network and refineries. 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.
|
