If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sunoco LP is 0.94, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Sunoco LP was 4.71. The lowest was 0.60. And the median was 1.18.
During the past 12 months, Sunoco LP's average Dividends Per Share Growth Rate was 1.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sunoco LP was 352.30% per year. The lowest was 0.30% per year. And the median was 12.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Sunoco LP Dividend Yield % Historical Data
The historical data trend for Sunoco LP's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Sunoco LP's Dividend Yield %
For the Oil & Gas Refining & Marketing subindustry, Sunoco LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sunoco LP's Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sunoco LP's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Sunoco LP's Dividend Yield % falls into.
Sunoco LP Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sunoco LP Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.842000
2024-02-06
2024-02-07
2024-02-20
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.842000
2023-10-27
2023-10-30
2023-11-20
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.842000
2023-08-11
2023-08-14
2023-08-21
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.842000
2023-05-05
2023-05-08
2023-05-22
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Sunoco LP's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
3.368
/
55.73
=
6.04 %
Current Share Price is $55.73. Sunoco LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.368.
Sunoco LP's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
3.368
/
55.73
=
6.04 %
Current Share Price is $55.73. Sunoco LP's Dividends per Share for the forward twelve months is calculated as $0.842 * 4 = $3.368.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sunoco LP (NYSE:SUN) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Sunoco LP's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunoco LP is a Delaware limited partnership formed in June 2012 by Susser Holdings Corporation or SUSS. In September 2012, the Company completed its initial public offering. The Company, along with its wholly owned subsidiary, is an independent motor fuel distributor by gallons in Texas, and among the distributors of Valero and Chevron branded motor fuel in the United States. The Company also receives rental income from real estate that it leases or subleases. SUSS operated approximately 580 retail convenience stores under its proprietary Stripes convenience store brand at year-end, mainly in growing Texas markets. Stripes is an independent chain of convenience stores in Texas based on store count and retail motor fuel volumes sold. Its business is integral to the success of SUSS' retail operations, and SUSS purchases substantially all of its motor fuel from the Company. In addition to distributing motor fuel, it also distributes other petroleum products such as propane and lube oil, and receives rental income from real estate that it leases or subleases. The Company purchases motor fuel mainly from independent refiners and oil companies and distributes it throughout Texas and in Louisiana, New Mexico and Oklahoma. The Company competes mainly with other independent motor fuel distributors. The Company is subject to various federal, state and local environmental laws and regulations, including those relating to underground storage tanks; the release or discharge of hazardous materials into the air, water and soil; the generation, storage, handling, use, transportation and disposal of regulated materials; the exposure of persons to regulated materials; and the remediation of contaminated soil and groundwater.
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