Star Group's last quarterly dividend of $0.173 per share was on Apr 26, 2024 (ex-date). The annualized dividend payment of $0.66 per share represents a current dividend yield of 5.85%. The latest SGU payout of $0.173 marks a dividend growth of 6%.
SGU has a dividend yield of 5.85% which is higher than the Energy sector and the industry average but lower than its peers average. In comparison with the Energy sector average of 3.77%, Star Group's dividend yield is 55% higher. The historical 5-year average of SGU's dividend yield is 5.5%, which is lower than the current one.
Star Group has a dividend history dating as far as 1996, but lately the company has recorded 15 consecutive years of dividend payments. Our records of SGU show that the company has distributed three quarterly dividends in the past year. The annualized dividend per share marks an increase of 4.8% for the last twelve months. And with the stock price down by 11% from a year ago, the dividend yield marks an increase of 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 26, 2024 | May 8, 2024 | Apr 18, 2024 | $0.173 | normal |
| Jan 19, 2024 | Jan 31, 2024 | Jan 11, 2024 | $0.163 | normal |
| Oct 19, 2023 | Oct 30, 2023 | Oct 10, 2023 | $0.163 | normal |
| Jul 21, 2023 | Jul 31, 2023 | Jul 13, 2023 | $0.163 | normal |
| Apr 21, 2023 | May 2, 2023 | Apr 13, 2023 | $0.163 | normal |
| Jan 20, 2023 | Jan 31, 2023 | Jan 12, 2023 | $0.153 | normal |
| Oct 28, 2022 | Nov 8, 2022 | Oct 20, 2022 | $0.153 | normal |
| Jul 22, 2022 | Aug 2, 2022 | Jul 14, 2022 | $0.153 | normal |
| Apr 22, 2022 | May 3, 2022 | Apr 14, 2022 | $0.153 | normal |
| Jan 21, 2022 | Feb 1, 2022 | Jan 13, 2022 | $0.143 | normal |
| Oct 29, 2021 | Nov 9, 2021 | Oct 21, 2021 | $0.143 | normal |
| Jul 23, 2021 | Aug 3, 2021 | Jul 15, 2021 | $0.143 | normal |
| Apr 30, 2021 | May 11, 2021 | Apr 21, 2021 | $0.143 | normal |
| Jan 22, 2021 | Feb 2, 2021 | Jan 14, 2021 | $0.133 | normal |
| Oct 30, 2020 | Nov 10, 2020 | Oct 22, 2020 | $0.133 | normal |
| Jul 24, 2020 | Aug 4, 2020 | Jul 16, 2020 | $0.133 | normal |
| May 1, 2020 | May 12, 2020 | Apr 22, 2020 | $0.133 | normal |
| Jan 24, 2020 | Feb 4, 2020 | Jan 16, 2020 | $0.125 | normal |
| Oct 25, 2019 | Nov 5, 2019 | Oct 17, 2019 | $0.125 | normal |
| Jul 26, 2019 | Aug 6, 2019 | Jul 18, 2019 | $0.125 | normal |
| Apr 25, 2019 | May 6, 2019 | Apr 16, 2019 | $0.125 | normal |
| Jan 25, 2019 | Feb 5, 2019 | Jan 17, 2019 | $0.118 | normal |
| Oct 26, 2018 | Nov 6, 2018 | Oct 18, 2018 | $0.118 | normal |
| Jul 27, 2018 | Aug 7, 2018 | Jul 19, 2018 | $0.118 | normal |
| Apr 26, 2018 | May 7, 2018 | Apr 17, 2018 | $0.118 | normal |
| Jan 26, 2018 | Feb 6, 2018 | Jan 18, 2018 | $0.11 | normal |
| Oct 20, 2017 | Oct 31, 2017 | Oct 12, 2017 | $0.11 | normal |
| Jul 27, 2017 | Aug 8, 2017 | Jul 20, 2017 | $0.11 | normal |
| Apr 26, 2017 | May 8, 2017 | Apr 18, 2017 | $0.11 | normal |
| Jan 26, 2017 | Feb 7, 2017 | Jan 19, 2017 | $0.103 | normal |
| Oct 27, 2016 | Nov 9, 2016 | Oct 20, 2016 | $0.103 | normal |
| Jul 28, 2016 | Aug 9, 2016 | Jul 21, 2016 | $0.103 | normal |
SGU has a payout ratio of 83.5% which is higher than the Energy sector and the industry average. If we compare it with the Energy sector average of 49.7%, Star Group's payout ratio is 68% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SPH Suburban Propane Partners Lp | 6.96% | $1.3 | 76% |
| GLP Global Partners Lp | 6.84% | $2.77 | 102.6% |
| UGI Ugi Corp | 6.09% | $1.5 | N/A |
| SGU Star Group Lp | 5.79% | $0.66 | 83.5% |
| DK Delek US Holdings Inc | 4.05% | $0.97 | N/A |
Yes, Star Group has been paying dividends for the last 15 years.
SGU's next dividend is scheduled on Jul 29, 2024 (ex-date).
Star Group's last dividend ex-date was on Apr 26, 2024. The dividend amount was $0.173 per share.
SGU's annualized dividend per share is $0.66.
Star Group's current dividend yield is 5.85%.
Star Group has a quarterly dividend frequency.
The dividend payout ratio of Star Group is 83.5%.
Star Group's dividend yield is higher than the Energy sector average.