Suburban Propane Partners's latest quarterly cash dividend of $0.325 per share was issued to shareholders on record before Feb 5, 2024. The dividend distribution stands at $1.3 per share annually, which comes to a dividend yield of 6.83%.
Suburban Propane Partners's dividend yield of 6.83% is higher than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 3.61%, Suburban Propane Partners's dividend yield is 89% higher. The historical 5-year average of SPH's dividend yield is 9.6%, which is more than the current one.
Suburban Propane Partners has been paying dividends for the last 28 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 up by 24% from a year ago, the dividend yield has a decrease of 19%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Feb 5, 2024 | Feb 13, 2024 | Jan 25, 2024 | $0.325 | normal |
Nov 6, 2023 | Nov 14, 2023 | Oct 26, 2023 | $0.325 | normal |
Jul 31, 2023 | Aug 8, 2023 | Jul 20, 2023 | $0.325 | normal |
May 1, 2023 | May 9, 2023 | Apr 20, 2023 | $0.325 | normal |
Jan 30, 2023 | Feb 7, 2023 | Jan 19, 2023 | $0.325 | normal |
Oct 31, 2022 | Nov 8, 2022 | Oct 20, 2022 | $0.325 | normal |
Aug 1, 2022 | Aug 9, 2022 | Jul 21, 2022 | $0.325 | normal |
May 2, 2022 | May 10, 2022 | Apr 21, 2022 | $0.325 | normal |
Jan 31, 2022 | Feb 8, 2022 | Jan 20, 2022 | $0.325 | normal |
Nov 1, 2021 | Nov 9, 2021 | Oct 21, 2021 | $0.325 | normal |
Aug 2, 2021 | Aug 10, 2021 | Jul 22, 2021 | $0.325 | normal |
May 3, 2021 | May 11, 2021 | Apr 22, 2021 | $0.3 | normal |
Feb 1, 2021 | Feb 9, 2021 | Jan 21, 2021 | $0.3 | normal |
Nov 2, 2020 | Nov 10, 2020 | Oct 22, 2020 | $0.3 | normal |
Aug 3, 2020 | Aug 11, 2020 | Jul 23, 2020 | $0.3 | normal |
May 4, 2020 | May 12, 2020 | Apr 23, 2020 | $0.6 | normal |
Feb 3, 2020 | Feb 11, 2020 | Jan 23, 2020 | $0.6 | normal |
Nov 4, 2019 | Nov 12, 2019 | Oct 24, 2019 | $0.6 | normal |
Aug 5, 2019 | Aug 13, 2019 | Jul 25, 2019 | $0.6 | normal |
May 6, 2019 | May 14, 2019 | Apr 25, 2019 | $0.6 | normal |
Feb 4, 2019 | Feb 12, 2019 | Jan 24, 2019 | $0.6 | normal |
Nov 5, 2018 | Nov 13, 2018 | Oct 25, 2018 | $0.6 | normal |
Aug 6, 2018 | Aug 14, 2018 | Jul 26, 2018 | $0.6 | normal |
May 7, 2018 | May 15, 2018 | Apr 25, 2018 | $0.6 | normal |
Feb 5, 2018 | Feb 13, 2018 | Jan 24, 2018 | $0.6 | normal |
Nov 6, 2017 | Nov 14, 2017 | Oct 26, 2017 | $0.6 | normal |
Jul 28, 2017 | Aug 8, 2017 | Jul 20, 2017 | $0.888 | normal |
Apr 28, 2017 | May 9, 2017 | Apr 20, 2017 | $0.888 | normal |
Jan 27, 2017 | Feb 7, 2017 | Jan 19, 2017 | $0.888 | normal |
Oct 28, 2016 | Nov 8, 2016 | Oct 20, 2016 | $0.888 | normal |
Jul 29, 2016 | Aug 9, 2016 | Jul 21, 2016 | $0.888 | normal |
Apr 29, 2016 | May 10, 2016 | Apr 21, 2016 | $0.888 | normal |
Suburban Propane Partners's payout ratio of 80.7% is above the Utilities sector and the industry average. Compared to its Utilities sector average of 65.4%, Suburban Propane Partners's payout ratio is 23% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SPH Suburban Propane Partners Lp | 6.69% | $1.3 | 80.7% |
SGU Star Group Lp | 6.31% | $0.65 | 100% |
GLP Global Partners Lp | 5.89% | $2.72 | 72% |
UGI Ugi Corp | 5.83% | $1.5 | N/A |
AE Adams Resources & Energy Inc | 3.27% | $0.96 | 1,200% |
Yes, Suburban Propane Partners has paid four dividends in the last twelve months. SPH has been paying dividends since 1996.
SPH hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
Suburban Propane Partners's last regular dividend was on Feb 5, 2024 (ex-date) with the amount of $0.325 per share.
On an annual basis SPH pays $1.3 per share.
Suburban Propane Partners's current dividend yield is 6.83%.
Suburban Propane Partners has a quarterly dividend frequency.
Suburban Propane Partners's dividend payout ratio is 80.7%.
Suburban Propane Partners's dividend yield is more than the Utilities sector average.