DALLAS, Oct. 28,
2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN")
announced that the Board of Directors of its general partner
declared a quarterly distribution for the third quarter of 2024 of
$0.8756 per common unit or
$3.5024 per common unit on an
annualized basis. The distribution will be paid on November 19, 2024 to common unitholders of record
on November 8, 2024.
About Sunoco LP
Sunoco LP (NYSE: SUN) is a leading energy infrastructure and
fuel distribution master limited partnership operating in over 40
U.S. states, Puerto Rico,
Europe, and Mexico. The Partnership's midstream operations
include an extensive 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 and
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 provided
for under Treasury Regulation Section 1.1446-4(b)(4) and (d).
Please note that one hundred percent (100%) of Sunoco LP's
distributions to foreign investors are attributable to income that
is effectively connected with a United
States trade or business. Accordingly, all of Sunoco LP's
distributions to foreign investors are subject to federal tax
withholding at the highest applicable effective tax rate. Nominees,
and not Sunoco LP, are treated as withholding agents responsible
for withholding distributions received by them on behalf of foreign
investors. For purposes of Treasury Regulation section
1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one
hundred percent (100%) of the distributions as being in excess of
cumulative net income for purposes of determining the amount to
withhold.
Contacts
Investors:
Scott Grischow,
Treasurer, Senior Vice President – Finance
(214)
840-5660, scott.grischow@sunoco.com
Media:
Chris Cho, Senior Manager –
Communications
(469) 646-1647,
chris.cho@sunoco.com
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SOURCE Sunoco LP