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 Aug 6, 2024. The dividend distribution stands at $1.3 per share annually, which comes to a dividend yield of 6.93%.
Key dates
- SPH last dividend date: Aug 6, 2024
SPH dividend stats
vs. Utilities sector
Dividend yield
Suburban Propane Partners's dividend yield of 6.93% is higher than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 3.19%, Suburban Propane Partners's dividend yield is 117% higher. The historical 5-year average of SPH's dividend yield is 9.2%, which is more than the current one.
Dividend history
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 10% from a year ago, the dividend yield has a decrease of 9%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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
Payout ratio
Suburban Propane Partners's payout ratio of 85.5% is above the Utilities sector and the industry average. Compared to its Utilities sector average of 62.3%, Suburban Propane Partners's payout ratio is 37% higher.
Total amount of dividends paid per financial year (from cash flow)
SPH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SPH Suburban Propane Partners Lp | 6.97% | $1.3 | 85.5% |
| UGI Ugi Corp | 6.13% | $1.5 | 46.9% |
| GLP Global Partners Lp | 6% | $2.82 | 102% |
| SGU Star Group Lp | 5.9% | $0.68 | 59.1% |
| AE Adams Resources & Energy Inc | 3.56% | $0.96 | N/A |
| GNE Genie Energy Ltd | 1.88% | $0.3 | 125% |
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 Aug 6, 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 6.93%.
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 85.5%.
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.