Saturday, December 27, 2014

Sunoco Logistics raises quarterly distribution

Sunoco Logistics Partners L.P., the Philadelphia pipeline company, on Wednesday declared a quarterly cash distribution of 69.5 cents per common unit to be paid on May 15 to unit holders of record on May 9, 2014.

The distribution, the 36th successive quarterly increase, represents a five percent increase over the previous quarter and a 21 percent increase from the first quarter in 2013.

- Andrew Maykuth

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