On Thursday, May 3, 2012, Sunoco, Inc.'s (NYSE: SUN) Board of Directors declared a cash dividend for the second quarter of 2012 of $0.20 per share on all full shares of common stock outstanding, payable June 8, 2012 to shareholders of record at the close of business on May 17, 2012.
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-percent ownership interest and incentive distribution rights, and owns a 32-percent interest in the Partnership's limited partner units. Sunoco Logistics Partners L.P. 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 23 states.