Sunoco LP
SUNEnergy · Stock · quarterly payer
Forward Yield
5.07%
Annual Dividend
$3.75
Payout Ratio
93%
5-Yr Growth
1.8%
Ex-Date
May 8, 2026
Frequency
Quarterly
Summary
As of July 2026, Sunoco LP (SUN) yields 5.07% ($3.75 per share annually), with a blended fair-value estimate of $87.73 — +19% upside, so it screens as undervalued. Dividend safety grade: B (79/100). 3 years of dividend growth.
Is SUN a good dividend stock?
YesSunoco LP (SUN) pays a quarterly dividend yielding 5.07% ($3.75/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- 101% total price return over 5 years
Risks
- Elevated payout ratio (93%)
Key Data
- Dividend Yield
- 5.07%
- Payout Ratio
- 93%
- Annual Dividend
- $3.75
- 5-Yr Avg Growth
- 1.8%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.42
- Market Cap
- $14.1B
- P/E Ratio
- 18.9
- 5-Yr Total Return
- 101%
- 52-Week Range
- $47.98 – $74.29
- Dividend Safety
- B · 79/100
- Ever Cut?
- No
Frequently Asked Questions
SUN Price — Last 12 Months
Daily close
Price Return
1 Year
+41%
3 Years
+61%
5 Years
+101%
52-Week Range
$47.98 – $74.29
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SUN worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Sunoco LP is $87.73 per share, versus a market price of $74.00. That implies 19% of upside — a margin of safety of about 16%.
Fair Value
$87.73
Current Price
$74.00
Upside
+19%
Margin of Safety
16%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $3.92 EPS, $3.75 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SUN Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.9900 | regular |
| Feb 6, 2026 | — | $0.9320 | regular |
| Oct 30, 2025 | — | $0.9200 | regular |
| Aug 8, 2025 | — | $0.9090 | regular |
| May 9, 2025 | — | $0.8980 | regular |
| Feb 7, 2025 | — | $0.8870 | regular |
| Nov 8, 2024 | — | $0.8760 | regular |
| Aug 9, 2024 | — | $0.8760 | regular |
| May 10, 2024 | — | $0.8760 | regular |
| Feb 6, 2024 | — | $0.8420 | regular |
| Oct 27, 2023 | — | $0.8420 | regular |
| Aug 11, 2023 | — | $0.8420 | regular |
| May 5, 2023 | — | $0.8420 | regular |
| Feb 6, 2023 | — | $0.8260 | regular |
Income Calculator
At $3.75 / yr per share
