Sunoco Logistics raises quarterly distribution 5% to 57.25c per share

theflyonthewall.com

Sunoco Logistics announced that Sunoco Partners, its general partner, has declared a cash distribution for Q1 of 57.25c per common unit, or $2.29 annualized, to be paid on May 15 to unit holders of record on May 9. This represents a 5% increase over 4Q12 cash distribution of 54.50c per common unit, or $2.18 annualized, and a 34% increase over 1Q12 cash distribution of 42.75c per common unit.

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