Sunoco Declares Quarterly Dividend of $0.20 Per Share on Common Stock; Announces Date of 2012 Annual Shareholders Meeting

Published on Thursday, 02 February 2012 16:18 Written by TradersHuddle Staff

PHILADELPHIA-( Business Wire )-

Sunoco, Inc.'s (NYSE: SUN) Board of Directors today declared a cash dividend for the first quarter of 2012 of $0.20 per share on all full shares of common stock outstanding, payable March 8, 2012 to shareholders of record at the close of business on February 15, 2012.

The Board also established February 15, 2012 as the record date for voting of proxies at Sunoco’s annual meeting, which will be held on Thursday, May 3, 2012.

About Sunoco

Sunoco is a leading logistics and retail company. The company owns the General Partner interest of Sunoco Logistics Partners, L.P. (NYSE: SXL), which consists of a 2% ownership interest and incentive distribution rights, and owns a 32 percent interest in the Partnership’s limited partner units. Sunoco Logistics is an owner and operator of complementary pipeline, terminal and crude oil acquisition and marketing assets. Sunoco also has a network of approximately 4,900 retail locations in 24 states.

Sunoco, Inc.Thomas Golembeski (media) 215-977-6298orClare McGrory (investors) 215-977-6764