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SPH Suburban Propane Partners dividend history, payout ratio & dates

Suburban Propane Partners's latest cash dividend of $0.325 per share was issued to shareholders on record before Nov 5, 2024. The dividend distribution stands at $1.3 per share annually, which comes to a dividend yield of 7.5%.

Key dates

  • SPH last dividend date: Nov 5, 2024
SPH dividend stats
DPS
$1.3
Dividend yield
7.5%
Payout ratio
113%
vs. Utilities sector
Dividend yield
3.23%
Payout ratio
63.3%

Dividend yield

What is Suburban Propane Partners current dividend yield

Suburban Propane Partners's dividend yield of 7.5% is higher than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 3.23%, Suburban Propane Partners's dividend yield is 132% higher. The historical 5-year average of SPH's dividend yield is 9.1%, which is more than the current one.

Dividend history

What is SPH dividend payout history and dates

Suburban Propane Partners has been paying dividends for the last 29 years. Our records show that SPH has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock down by 15% from a year ago, the dividend yield has an increase of 17%.

Recent dividends

Ex-date Amount Yield (TTM)
Nov 5, 2024 $0.325 7.06%
Aug 6, 2024 $0.325 7.67%
May 6, 2024 $0.325 6.58%
Feb 5, 2024 $0.325 6.53%
Nov 6, 2023 $0.325 7.48%
Jul 31, 2023 $0.325 8.8%
May 1, 2023 $0.325 8.48%
Jan 30, 2023 $0.325 8.25%
Oct 31, 2022 $0.325 7.95%
Aug 1, 2022 $0.325 8.04%
May 2, 2022 $0.325 7.79%
Jan 31, 2022 $0.325 8.6%
Nov 1, 2021 $0.325 7.88%
Aug 2, 2021 $0.325 7.7%
May 3, 2021 $0.3 8.05%
Feb 1, 2021 $0.3 9.26%
Nov 2, 2020 $0.3 11.06%
Aug 3, 2020 $0.3 16.59%
May 4, 2020 $0.6 17.03%
Feb 3, 2020 $0.6 10.93%
Nov 4, 2019 $0.6 10.19%
Aug 5, 2019 $0.6 10.33%
May 6, 2019 $0.6 10.51%
Feb 4, 2019 $0.6 10.74%
Nov 5, 2018 $0.6 10.68%
Aug 6, 2018 $0.6 10.64%
May 7, 2018 $0.6 11.99%
Feb 5, 2018 $0.6 12.07%
Nov 6, 2017 $0.6 12.77%
Jul 28, 2017 $0.888 14.5%
Apr 28, 2017 $0.888 13.79%
Jan 27, 2017 $0.888 11.47%
Oct 28, 2016 $0.888 10.86%
Jul 29, 2016 $0.888 10.42%
Apr 29, 2016 $0.888 11.76%
Jan 29, 2016 $0.888 13.81%
Oct 30, 2015 $0.888 10.28%
Jul 31, 2015 $0.888 9.25%
May 1, 2015 $0.888 8.11%
Jan 30, 2015 $0.875 7.92%

Suburban Propane Partners dividend payout ratio

What is Suburban Propane Partners dividend payout ratio compared to the sector

Payout ratio

Suburban Propane Partners's payout ratio of 113% is above the Utilities sector and the industry average. Compared to its Utilities sector average of 63.3%, Suburban Propane Partners's payout ratio is 79% higher.

Total amount of dividends paid per financial year (from cash flow)

SPH dividend vs peer dividends

How does SPH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SPH Suburban Propane Partners Lp 7.5% $1.3 113%
SGU Star Group Lp 6.05% $0.68 75.6%
GLP Global Partners Lp 5.97% $2.86 85.6%
UGI Ugi Corp 5.5% $1.5 118.1%
AE Adams Resources & Energy Inc 2.57% $0.96 N/A
GNE Genie Energy Ltd 2.07% $0.3 375%

Frequently asked questions

Does Suburban Propane Partners pay a dividend?

Yes, Suburban Propane Partners has paid four dividends in the last twelve months. SPH has been paying dividends since 1996.

When was SPH's last dividend?

Suburban Propane Partners's last regular dividend was on Nov 5, 2024 (ex-date) with the amount of $0.325 per share.

How much dividend does Suburban Propane Partners pay (per share)?

On an annual basis SPH pays $1.3 per share.

What is Suburban Propane Partners's dividend yield?

Suburban Propane Partners's current dividend yield is 7.5%.

How often does Suburban Propane Partners pay dividends?

Suburban Propane Partners has a quarterly dividend frequency.

What is Suburban Propane Partners's dividend payout ratio?

Suburban Propane Partners's dividend payout ratio is 113%.

Does Suburban Propane Partners pay a good dividend?

Suburban Propane Partners's dividend yield is more than the Utilities sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.