Results for: Sunoco

Sunoco LP (SUN) has been making headlines, attracting investor interest due to its recent strong earnings and attractive dividend yield. This article explores the potential for Sunoco’s dividends to generate passive income, calculating the number of shares required to reach monthly income targets of $500 and $100. We also discuss the factors that can influence dividend yield and how it impacts your investment strategy.

Despite mixed market performance on Friday, several insider trades suggest confidence in the prospects of specific companies. RXO’s 10% owner acquired a significant number of shares, while Harrow’s 10% owner also made purchases. Sunoco, an energy company, saw insider buying as well. These insider purchases indicate potential opportunities for investors to consider.