Dallas, 25 July 2024 - Sunoco LP (NYSE: SUN) has announced that its Board of Directors has declared a quarterly distribution of £0.8756 per common unit for the second quarter of 2024, equating to £3.5024 per common unit on an annualised basis. The distribution will be paid on 19 August 2024 to common unitholders of record on 9 August 2024.
About Sunoco LP
Sunoco LP (NYSE: SUN) is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 US states, Puerto Rico, Europe and Mexico. The Partnershipâs midstream operations include a vast network of approximately 14,000 miles of pipeline and over 100 terminals. This critical infrastructure complements the Partnership's fuel distribution operations, which serve approximately 7,400 Sunoco and partner branded locations, along with additional independent dealers and commercial customers. SUN's general partner is owned by Energy Transfer LP (NYSE: ET).
Qualified Notice
This release serves as qualified notice to nominees, as stipulated under Treasury Regulation Section 1.1446-4(b)(4) and (d). It is important to note that 100% of Sunoco LP's distributions to foreign investors are attributable to income effectively connected with a United States trade or business. Therefore, all distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, not Sunoco LP, are considered withholding agents responsible for withholding distributions received on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat 100% of the distributions as exceeding cumulative net income when determining the amount to withhold.
Contacts
Investors:
Scott Grischow, Treasurer, Senior Vice President - Finance
(214) 840-5660, [email protected]
Media:
Chris Cho, Senior Manager - Communications
(210) 918-3953, [email protected]
SOURCE Sunoco LP