DALLAS, Jan. 25,
2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN)
("SUN") announced that the Board of Directors of its general
partner declared a quarterly distribution for the fourth quarter of
2023 of $0.8420 per common unit or
$3.368 per common unit on an
annualized basis. The distribution will be paid on February 20, 2024 to common unitholders of record
on February 7, 2024.
About Sunoco LP
Sunoco LP (NYSE: SUN) is a master limited partnership with core
operations that include the distribution of motor fuel to
approximately 10,000 convenience stores, independent dealers,
commercial customers and distributors located in more than 40 U.S.
states and territories as well as refined product transportation
and terminalling assets. 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 – Investor
Relations and Mergers & Acquisitions
(214) 840-5660, scott.grischow@sunoco.com
Media:
Alexis Daniel,
Manager – Communications
(214) 981-0739, alexis.daniel@sunoco.com
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SOURCE Sunoco LP
