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Sunoco Logistics Partners L.P. Message Board

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  • rjraecek rjraecek Aug 2, 2012 4:09 PM Flag

    Dividend slashed?

    Sunoco Logistics Partners L.P. (NYSE: SXL) (the "Partnership") today announced net income attributable to partners for the second quarter 2012 of $152 million ($1.28 per unit diluted), compared with $94 million ($0.80 per unit diluted) for the second quarter 2011. Additionally, Sunoco Partners LLC, the general partner of the Partnership, declared a cash distribution for the second quarter 2012 of $0.47 per common unit ($1.88 annualized) to be paid on August 14, 2012 to unit holders of record on August 8, 2012. This represents a 10 percent increase over the first quarter 2012 cash distribution of $0.4275 per common unit ($1.71 annualized) and a 16 percent increase over the second quarter 2011 distribution of $0.4050 per common unit ($1.62

 
SXL
41.77+0.01(+0.02%)Mar 26 4:02 PMEDT