Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane to residential, commercial, industrial, and agricultural customers, as well as in the wholesale distribution to industrial end users. It offers propane primarily for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces, as a cutting gas to the industrial customers, and in other process applications; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 25, 2021, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 41 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is headquartered in Whippany, New Jersey.
Suburban Propane Partners Dividend Announcement
• Suburban Propane Partners announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-11-05
• Suburban Propane Partners annual dividend for 2024 was $1.30
• Suburban Propane Partners annual dividend for 2023 was $1.30
• Suburban Propane Partners's trailing twelve-month (TTM) dividend yield is 9.24%
• Suburban Propane Partners's payout ratio for the trailing twelve months (TTM) is 84.68%
• Suburban Propane Partners's dividend growth over the last five years (2018-2023) was -11.54% year
• Suburban Propane Partners's dividend growth over the last ten years (2013-2023) was -9.43% year
Suburban Propane Partners Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-05 | $0.33 | quarterly | 2024-11-12 |
| 2024-08-06 | $0.33 | quarterly | 2024-08-13 |
| 2024-05-06 | $0.33 | quarterly | 2024-05-14 |
| 2024-02-05 | $0.33 | quarterly | 2024-02-13 |
| 2023-11-06 | $0.33 | quarterly | 2023-11-14 |
| 2023-07-31 | $0.33 | quarterly | 2023-08-08 |
| 2023-05-01 | $0.33 | quarterly | 2023-05-09 |
| 2023-01-30 | $0.33 | quarterly | 2023-02-07 |
| 2022-10-31 | $0.33 | quarterly | 2022-11-08 |
| 2022-08-01 | $0.33 | quarterly | 2022-08-09 |
| 2022-05-02 | $0.33 | quarterly | 2022-05-10 |
| 2022-01-31 | $0.33 | quarterly | 2022-02-08 |
| 2021-11-01 | $0.33 | quarterly | 2021-11-09 |
| 2021-08-02 | $0.33 | quarterly | 2021-08-10 |
| 2021-05-03 | $0.30 | quarterly | 2021-05-11 |
| 2021-02-01 | $0.30 | quarterly | 2021-02-09 |
| 2020-11-02 | $0.30 | quarterly | 2020-11-10 |
| 2020-08-03 | $0.30 | quarterly | 2020-08-11 |
| 2020-05-04 | $0.60 | quarterly | 2020-05-12 |
| 2020-02-03 | $0.60 | quarterly | 2020-02-11 |
| 2019-11-04 | $0.60 | quarterly | 2019-11-12 |
| 2019-08-05 | $0.60 | quarterly | 2019-08-13 |
| 2019-05-06 | $0.60 | quarterly | 2019-05-14 |
| 2019-02-04 | $0.60 | quarterly | 2019-02-12 |
| 2018-11-05 | $0.60 | quarterly | 2018-11-13 |
| 2018-08-06 | $0.60 | quarterly | 2018-08-14 |
| 2018-05-07 | $0.60 | quarterly | 2018-05-15 |
| 2018-02-05 | $0.60 | quarterly | 2018-02-13 |
| 2017-11-06 | $0.60 | quarterly | 2017-11-14 |
| 2017-07-28 | $0.89 | quarterly | 2017-08-08 |
| 2017-04-28 | $0.89 | quarterly | 2017-05-09 |
| 2017-01-27 | $0.89 | quarterly | 2017-02-07 |
| 2016-10-28 | $0.89 | quarterly | 2016-11-08 |
| 2016-07-29 | $0.89 | quarterly | 2016-08-09 |
| 2016-04-29 | $0.89 | quarterly | 2016-05-10 |
| 2016-01-29 | $0.89 | quarterly | 2016-02-09 |
| 2015-10-30 | $0.89 | quarterly | 2015-11-10 |
| 2015-07-31 | $0.89 | quarterly | 2015-08-11 |
| 2015-05-01 | $0.89 | quarterly | 2015-05-12 |
| 2015-01-30 | $0.88 | quarterly | 2015-02-10 |
| 2014-10-30 | $0.88 | quarterly | 2014-11-10 |
| 2014-08-01 | $0.88 | quarterly | 2014-08-12 |
| 2014-05-02 | $0.88 | quarterly | 2014-05-13 |
| 2014-01-31 | $0.88 | quarterly | 2014-02-11 |
| 2013-11-01 | $0.88 | quarterly | 2013-11-12 |
| 2013-08-02 | $0.88 | quarterly | 2013-08-13 |
| 2013-05-03 | $0.88 | quarterly | 2013-05-14 |
| 2013-02-01 | $0.88 | quarterly | 2013-02-12 |
Suburban Propane Partners Dividend per year
Suburban Propane Partners Dividend growth
Suburban Propane Partners Dividend Yield
Suburban Propane Partners current trailing twelve-month (TTM) dividend yield is 9.24%. Interested in purchasing Suburban Propane Partners stock? Use our calculator to estimate your expected dividend yield:
Suburban Propane Partners Financial Ratios
P/E ratio11.57
PEG ratio0.31
P/B ratio1.87
ROE16.69%
Payout ratio84.68%
Current ratio0.65
Quick ratio0.45
Cash Ratio0.02
Suburban Propane Partners Dividend FAQ
How much is the next Suburban Propane Partners dividend?
Suburban Propane Partners's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Suburban Propane Partners dividend. The next Suburban Propane Partners dividend will be released in January, May, July, or November.
When is Suburban Propane Partners dividend paid?
Suburban Propane Partners pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, May, July, and November. 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 Suburban Propane Partners pay?
The specific amount of Suburban Propane Partners 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 Suburban Propane Partners's dividend history.
Does Suburban Propane Partners stock pay dividends?
Yes, Suburban Propane Partners 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 Suburban Propane Partners's dividend history.
How much dividend does Suburban Propane Partners pay?
Suburban Propane Partners paid $1.3 in 2024, $1.3 in 2023, $1.3 in 2022, $1.25 in 2021, and $1.8 in 2020.
How often does Suburban Propane Partners pay dividends?
Suburban Propane Partners 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, May, July, and November.
What is Suburban Propane Partners's dividend yield?
The current dividend yield for Suburban Propane Partners is 9.24%. 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 Suburban Propane Partners's exact dividend yield.
When does Suburban Propane Partners go ex dividend?
Suburban Propane Partners's ex-dividend date for the latest dividend was on 2024-11-05. Suburban Propane Partners 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 Suburban Propane Partners dividend paid?
Suburban Propane Partners pays dividends on a quarterly basis, typically around January, May, July, or November, but the exact dates can vary each year.
Will Suburban Propane Partners 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 Suburban Propane Partners 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 Suburban Propane Partners dividend per share?
Suburban Propane Partners paid $1.3 per share in 2024 and $1.3 per share in 2023. The amount of dividend per share that Suburban Propane Partners 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 Suburban Propane Partners 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 Suburban Propane Partners 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 Suburban Propane Partners a dividend stock?
Yes, Suburban Propane Partners is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Suburban Propane Partners a good dividend stock?
Whether Suburban Propane Partners is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Suburban Propane Partners has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Suburban Propane Partners 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.
Other factors to consider when evaluating Suburban Propane Partners 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 Suburban Propane Partners pay dividends monthly?
Suburban Propane Partners typically pays dividends on a quarterly basis.
Does Suburban Propane Partners pay dividends quarterly?
Suburban Propane Partners currently pays dividends on a quarterly basis.
Has Suburban Propane Partners ever paid a dividend?
Yes, Suburban Propane Partners has a history of paying dividends to its shareholders. Suburban Propane Partners is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Suburban Propane Partners dividend stocks?
To buy Suburban Propane Partners 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 Suburban Propane Partners 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.
Place an order: Use the brokerage's trading platform to place an order to buy Suburban Propane Partners 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 Suburban Propane Partners pay dividends 2024?
Suburban Propane Partners pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-12. 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 Suburban Propane Partners increase its dividend in 2024?
Decisions regarding Suburban Propane Partners 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 Suburban Propane Partners dividend overview you can look into the above table of dividend history.
How Suburban Propane Partners dividend works?
The Suburban Propane Partners 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 Suburban Propane Partners's dividend process works:
1. Determination of Dividend: Suburban Propane Partners'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, Suburban Propane Partners 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, Suburban Propane Partners 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 Suburban Propane Partners 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.
1. Determination of Dividend: Suburban Propane Partners'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, Suburban Propane Partners 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, Suburban Propane Partners 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 Suburban Propane Partners 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 Suburban Propane Partners dividends paid?
Suburban Propane Partners dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Suburban Propane Partners 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, Suburban Propane Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suburban Propane Partners 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.
1. Record Date: Suburban Propane Partners 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, Suburban Propane Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suburban Propane Partners 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 Suburban Propane Partners pay dividends?
Suburban Propane Partners 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 Suburban Propane Partners pay dividends?
The general pattern is that Suburban Propane Partners pays dividends around January, May, July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Suburban Propane Partners dividend safe?
The safety of Suburban Propane Partners'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 Suburban Propane Partners'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 Suburban Propane Partners'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.
To assess the safety of Suburban Propane Partners'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 Suburban Propane Partners'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.