The ex-dividend date for Sunoco (NYSE:SUN) is tomorrow, May 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $48.57 as of 9:35 a.m., the dividend yield is 1.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for Sunoco (NYSE: SUN) is tomorrow, May 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $48.57 as of 9:35 a.m. ET, the dividend yield is 1.6%. The average volume for Sunoco has been 2.4 million shares per day over the past 30 days. Sunoco has a market cap of $5.18 billion and is part of the basic materials sector and energy industry. Shares are up 19.6% year to date as of the close of trading on Friday. Sunoco, Inc., through its subsidiaries, refines and markets petroleum products in the United States. Its Logistics segment operates refined product and crude oil pipelines and terminals; and acquires and markets crude oil and refined products.
TheStreet Ratings rates Sunoco as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, generally poor debt management and poor profit margins. You can view the full Sunoco Ratings Report. See our dividend calendar or top-yielding stocks list.