$SUN DALLAS, Feb. 1, 2017 /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 2016 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis. The fourth quarter distribution is unchanged from the third quarter 2016 distribution and reflects a 3.0 percent increase compared to the distribution for the fourth quarter of 2015. The distribution will be paid on February 21, 2017 to common unitholders of record on February 13, 2017.
SUN will release its fourth quarter 2016 financial and operating results after the market closes on Wednesday, February 22. In conjunction with the news release, management will hold a conference call on Thursday, February 23, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss SUN's results.