Suburban Propane Partners's latest quarterly cash dividend of $0.325 per share was issued to shareholders on record before May 1, 2023. The dividend distribution stands at $1.3 per share annually, which comes to a dividend yield of 8.79%.
Suburban Propane Partners's dividend yield of 8.79% is higher than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 3.34%, Suburban Propane Partners's dividend yield is 163% higher. The historical 5-year average of SPH's dividend yield is 10.0%, which is more than the current one.
Suburban Propane Partners has been paying dividends for the last 27 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 14% from a year ago, the dividend yield has an increase of 17%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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 90.3% is above the Utilities sector and the industry average. Compared to its Utilities sector average of 65.6%, Suburban Propane Partners's payout ratio is 38% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CEQP Crestwood Equity Partners LP | 10.24% | $2.62 | N/A |
SPH Suburban Propane Partners Lp | 8.69% | $1.3 | 90.3% |
GLP Global Partners Lp | 8.35% | $2.52 | 25.3% |
UGI Ugi Corp | 5.13% | $1.44 | N/A |
SGU Star Group Lp | 4.39% | $0.62 | 144.2% |
AE Adams Resources & Energy Inc | 2.8% | $0.96 | N/A |
INT World Fuel Services Corp | 2.21% | $0.54 | 30.2% |
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 August 2023.
Suburban Propane Partners's last regular dividend was on May 1, 2023 (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 8.79%.
Suburban Propane Partners has a quarterly dividend frequency.
Suburban Propane Partners's dividend payout ratio is 90.3%.
Suburban Propane Partners's dividend yield is more than the Utilities sector average.