Sunoco LP Announces 10% Increase in Quarterly Distribution

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Sunoco LP
SUN
announced today that the Board of Directors of its general partner has declared a quarterly distribution for the fourth quarter of 2014 of $0.60 per unit, which corresponds to $2.40 per unit on an annualized basis. This represents a 10 percent increase compared to the distribution for the third quarter of 2014 and a 24 percent increase compared with the fourth quarter of 2013. The distribution will be paid on February 27, 2015 to unitholders of record on February 17, 2015. This represents the seventh quarterly distribution increase since the Partnership's Initial Public Offering in September 2012.
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