Superior Plus ( (TSE:SPB) ) just unveiled an announcement.
Superior Plus Corp. has announced a quarterly dividend of CAD $0.045 per common share for the first quarter of 2025, payable on April 15, 2025, to shareholders of record as of March 31, 2025. This decision reflects the company’s ongoing commitment to providing shareholder value and maintaining its annualized cash dividend rate at CAD $0.18 per share. The dividend is eligible for Canadian income tax purposes, underscoring Superior’s stable financial strategy and its focus on sustainable growth within the energy distribution sector.
More about Superior Plus
Superior Plus is a leading North American distributor specializing in propane, compressed natural gas, renewable energy, and related products and services. The company serves approximately 770,000 customer locations across the U.S. and Canada, focusing on delivering low carbon fuels to residential, commercial, utility, agricultural, and industrial customers not connected to a pipeline. Superior Plus is recognized for its role in the energy transition, helping customers reduce operating costs and improve environmental performance by displacing more carbon-intensive fuels.
YTD Price Performance: -6.10%
Average Trading Volume: 1,049,450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.43B
Learn more about SPB stock on TipRanks’ Stock Analysis page.