Sunoco Logistics Partners L.P.(SXL) Declares Dividend of $0.5200.

Sunoco Logistics Partners L.P. (SXL) had declared a cash dividend of $0.5200 on Jan 26, 2017. The shares will quote ex-dividend on Feb 3, 2017 and the record date has been fixed for Feb 7, 2017. Based on Feb 3, 2017 share price, the yield comes out to be 8.06%. The dividend payable date has been fixed on Feb 14, 2017.

Sunoco Logistics Partners L.P. (SXL) made into the market gainers list on Tuesdays trading session with the shares advancing 0.56% or 0.15 points. Due to strong positive momentum, the stock ended at $26.71, which is also near the day’s high of $26.73. The stock began the session at $26.39 and the volume stood at 30,15,430 shares. The 52-week high of the shares is $31.49 and the 52 week low is $16.5. The company has a current market capitalization of $8,854 M and it has 33,14,70,670 shares in outstanding.

Sunoco Logistics Partners L.P.(SXL) last announced its earnings results on Nov 9, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $2.19B. Analysts had an estimated revenue of $2.52B. Earnings per share were $0.16. The reported EPS was above estimates by $0.04 or NaN%. Analysts had estimated an EPS of $0.20.

Several Insider Transactions has been reported to the SEC. On Feb 18, 2016, Basil Leon Bray (director) purchased 150 shares at $39.09 per share price.Also, On Aug 25, 2015, Peter J Gvazdauskas (CFO) purchased 1,500 shares at $34.53 per share price.

Sunoco Logistics Partners L.P. owns and operates a logistics business. The Company is engaged in the transport terminalling and storage of crude oil refined products and natural gas liquids (NGLs). In addition to logistics services it also owns acquisition and marketing assets which are used to facilitate the purchase and sale of crude oil refined products and NGLs. The Company operates through four segments: Crude Oil Pipelines transport crude oil in the southwest and midwest United States; Crude Oil Acquisition and Marketing gathers purchases markets and sells crude oil in the mid-continent United States; Terminal Facilities consist of crude oil refined products and NGL terminals and Products Pipelines consist of crude oil refined products and NGL terminals.

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