High Yield Stock: Sunoco Logistics Partners L.P. Increases Quarterly Distribution - Yield Over Six Percent

Sunoco Logistics Partners L.P. (SXL), a natural gas and oil transportation, storage, terminalling, and marketing company, raised its quarterly distribution from $1.035 per unit to $1.09 per unit. The new distribution is payable February 12, 2010 to unitholders of record as of February 8, 2010.

With this distribution PAA has increased its quarterly distribution 27 out of the past 31 quarters and every quarter since August 2005. And since August 2002, SXL has increased its quarterly distribution 142.22 percent.

See Distribution History for a table of quarterly distributions since May 2002.

Its current dividend yield is 6.10 percent.

To get more performance information about SXL, use the buyupside.com Stock Return Calculator.

See Great Dividend Stocks (A-Z) for more dividend-paying stocks.

See Pipeline Master Limited Partnerships Pay Hefty Cash Distributions for more pipeline stocks.

I (RAH) do not own SXL.

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Posted January 27, 2010.