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Suburban Propane Announces Quarterly Distribution Update
Company Announcements

Suburban Propane Announces Quarterly Distribution Update

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Invest with Confidence:

An announcement from Suburban Propane ( (SPH) ) is now available.

On January 23, 2025, Suburban Propane Partners, L.P. announced a quarterly distribution of $0.325 per common unit for the quarter ending December 28, 2024. This distribution, payable on February 11, 2025, equates to an annualized rate of $1.30 per common unit and is subject to federal income tax withholding for foreign investors due to its connection with a U.S. trade or business.

More about Suburban Propane

Suburban Propane Partners, L.P. is a publicly traded master limited partnership headquartered in Whippany, New Jersey. The company is a nationwide distributor of propane, renewable propane, fuel oil, and related products and services. It also markets natural gas and electricity and invests in low carbon fuel alternatives. The company services approximately 1 million customers across various sectors through 700 locations in 42 states.

YTD Price Performance: 12.90%

Average Trading Volume: 184,408

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.29B

Learn more about SPH stock on TipRanks’ Stock Analysis page.

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