Sunoco Logistics Partners LP (NYSE:SXL) Updates On Quarterly Dividend


As per Sunoco Logistics Partners LP (NYSE:SXL) statement on 2016-07-26, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.5 per share as dividend to stakeholders. The record date is set as 2016-08-08, the payout date as 2016-08-12 and the ex-dividend date is 2016-08-04.

Last fiscal Sunoco Logistics Partners LP (NYSE:SXL) disbursed cash dividend of $0.5. A year ago, the payout was $0.5, which indicates a difference of 20.2454%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.5, implying 17.9102% growth.

For the period ended on 2015-12-31, Sunoco Logistics Partners LP (NYSE:SXL)’s earnings came at $-0.1 per share compared to EPS of $0.33 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-02. For this quarter, the analysts have earnings estimate of $0.2 per share.

The interim price target for Sunoco Logistics Partners LP (NYSE:SXL) is set at $32.333. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Sunoco Logistics Partners LP (NYSE:SXL) is seen at $36 and the lowest level is established at $28. This broad range highlights a standard deviation of $2.549 in reported estimates.

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