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Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis, as well as provide plumbing services; and installs maintains, and repairs heating and air conditioning equipment. As of September 30, 2021, the company served approximately 422,200 full service residential and commercial home heating oil and propane customers and 71,100 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,700 customers. Kestrel Heat, LLC operates as the general partner of the company. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.

Star Group Dividend Announcement

Star Group announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-28
Star Group annual dividend for 2024 was $0.68
Star Group annual dividend for 2023 was $0.64
Star Group's trailing twelve-month (TTM) dividend yield is 7.81%
Star Group's payout ratio for the trailing twelve months (TTM) is 67.18%
Star Group's dividend growth over the last five years (2018-2023) was 6.71% year
Star Group's dividend growth over the last ten years (2013-2023) was -20.68% year

Star Group Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-28$0.17quarterly2024-11-06
2024-07-29$0.17quarterly2024-08-07
2024-04-26$0.17quarterly2024-05-08
2024-01-19$0.16quarterly2024-01-31
2023-10-19$0.16quarterly2023-10-30
2023-07-21$0.16quarterly2023-07-31
2023-04-21$0.16quarterly2023-05-02
2023-01-20$0.15quarterly2023-01-31
2022-10-28$0.15quarterly2022-11-08
2022-07-22$0.15quarterly2022-08-02
2022-04-22$0.15quarterly2022-05-03
2022-01-21$0.14quarterly2022-02-01
2021-10-29$0.14quarterly2021-11-09
2021-07-23$0.14quarterly2021-08-03
2021-04-30$0.14quarterly2021-05-11
2021-01-22$0.13quarterly2021-02-02
2020-10-30$0.13quarterly2020-11-10
2020-07-24$0.13quarterly2020-08-04
2020-05-01$0.13quarterly2020-05-12
2020-01-24$0.12quarterly2020-02-04
2019-10-25$0.12quarterly2019-11-05
2019-07-26$0.12quarterly2019-08-06
2019-04-25$0.12quarterly2019-05-06
2019-01-25$0.12quarterly2019-02-05
2018-10-26$0.12quarterly2018-11-06
2018-07-27$0.12quarterly2018-08-07
2018-04-26$0.12quarterly2018-05-07
2018-01-26$0.11quarterly2018-02-06
2017-10-20$0.11quarterly2017-10-31
2017-07-27$0.11quarterly2017-08-08
2017-04-26$0.11quarterly2017-05-08
2017-01-26$0.10quarterly2017-02-07
2016-10-27$0.10quarterly2016-11-09
2016-07-28$0.10quarterly2016-08-09
2016-04-26$0.10quarterly2016-05-06
2016-01-28$0.10quarterly2016-02-05
2015-10-26$0.10quarterly2015-11-05
2015-07-28$0.10quarterly2015-08-07
2015-04-28$0.10quarterly2015-05-08
2015-01-28$0.09quarterly2015-02-10
2014-11-06$0.09quarterly2014-11-14
2014-07-29$0.09quarterly2014-08-08
2014-04-29$0.09quarterly2014-05-09
2014-01-28$0.08quarterly2014-02-07
2013-11-06$1.65quarterly2013-11-14
2013-08-01$1.65quarterly2013-08-13
2013-04-24$1.65quarterly2013-05-06
2013-01-24$1.54quarterly2013-02-05

Star Group Dividend per year

Star Group Dividend growth

Star Group Dividend Yield

Star Group current trailing twelve-month (TTM) dividend yield is 7.81%. Interested in purchasing Star Group stock? Use our calculator to estimate your expected dividend yield:

Star Group Financial Ratios

P/E ratio10.42
PEG ratio-0.19
P/B ratio1.23
ROE16.23%
Payout ratio67.18%
Current ratio0.73
Quick ratio0.60
Cash Ratio0.14

Star Group Dividend FAQ

How much is the next Star Group dividend?
Star Group's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Star Group dividend. The next Star Group dividend will be released in January, April, July, or October.
When is Star Group dividend paid?
Star Group pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Star Group pay?
The specific amount of Star Group dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Star Group's dividend history.
Does Star Group stock pay dividends?
Yes, Star Group does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Star Group's dividend history.
How much dividend does Star Group pay?
Star Group paid $0.68 in 2024, $0.64 in 2023, $0.601 in 2022, $0.559 in 2021, and $0.523 in 2020.
How often does Star Group pay dividends?
Star Group typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Star Group's dividend yield?
The current dividend yield for Star Group is 7.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Star Group's exact dividend yield.
When does Star Group go ex dividend?
Star Group's ex-dividend date for the latest dividend was on 2024-10-28. Star Group typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Star Group dividend paid?
Star Group pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Star Group increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Star Group will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Star Group dividend per share?
Star Group paid $0.68 per share in 2024 and $0.64 per share in 2023. The amount of dividend per share that Star Group pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Star Group a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Star Group a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Star Group a dividend stock?
Yes, Star Group is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Star Group a good dividend stock?
Whether Star Group is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Star Group has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Star Group as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Star Group pay dividends monthly?
Star Group typically pays dividends on a quarterly basis.
Does Star Group pay dividends quarterly?
Star Group currently pays dividends on a quarterly basis.
Has Star Group ever paid a dividend?
Yes, Star Group has a history of paying dividends to its shareholders. Star Group is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Star Group dividend stocks?
To buy Star Group you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Star Group stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Star Group pay dividends 2024?
Star Group pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-06. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Star Group increase its dividend in 2024?
Decisions regarding Star Group dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Star Group dividend overview you can look into the above table of dividend history.
How Star Group dividend works?
The Star Group dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Star Group's dividend process works:

1. Determination of Dividend: Star Group's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Star Group publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Star Group distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Star Group are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Star Group dividends paid?
Star Group dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Star Group sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Star Group distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Star Group declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Star Group pay dividends?
Star Group typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Star Group pay dividends?
The general pattern is that Star Group pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Star Group dividend safe?
The safety of Star Group's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Star Group's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Star Group's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.