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SPH Suburban Propane Partners dividend history, payout ratio & dates

Suburban Propane Partners's latest quarterly cash dividend of $0.325 per share was issued to shareholders on record before Aug 1, 2022. The dividend distribution stands at $1.3 per share annually, which comes to a dividend yield of 8.64%.

Key dates

  • SPH last dividend date: Aug 1, 2022
  • SPH next dividend date: Not announced
SPH dividend stats
DPS
$1.3
Dividend yield
8.64%
Payout ratio
46.3%
vs. Utilities sector
Dividend yield
3.36%
Payout ratio
63.5%

Dividend yield

What is Suburban Propane Partners current dividend yield

Suburban Propane Partners's dividend yield of 8.64% is higher than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 3.36%, Suburban Propane Partners's dividend yield is 157% higher. The historical 5-year average of SPH's dividend yield is 10.6%, 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 26 years. Our records show that SPH has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. And with the price of the stock down by 3.3% from a year ago, the dividend yield has an increase of 10%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

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

Payout ratio

Suburban Propane Partners's payout ratio of 46.3% is above its peers average but below the Utilities sector and the industry average. Compared to its Utilities sector average of 63.5%, Suburban Propane Partners's payout ratio is 27% lower.

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
GLP Global Partners Lp 9.54% $2.36 35.3%
SPH Suburban Propane Partners Lp 8.64% $1.3 46.3%
SGU Star Group Lp 7.28% $0.59 43.5%
CEQP Crestwood Equity Partners LP 6.97% $1.94 N/A
UGI Ugi Corp 4.36% $1.41 21.8%
AE Adams Resources & Energy Inc 3.22% $0.96 32.2%
INT World Fuel Services Corp 2.13% $0.5 35.7%

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 is Suburban Propane Partners's next dividend?

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 November 2022.

When was SPH's last dividend?

Suburban Propane Partners's last regular dividend was on Aug 1, 2022 (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 8.64%.

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 46.3%.

Does Suburban Propane Partners pay a good dividend?

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