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Suburban Propane Partners LP (Suburban Propane Partners LP) Dividend Yield % : 6.55% (As of May. 05, 2024)


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What is Suburban Propane Partners LP Dividend Yield %?

As of today (2024-05-05), the Trailing Annual Dividend Yield of Suburban Propane Partners LP is 6.55%.

Warning Sign:

Suburban Propane Partners LP stock dividend yield is close to 10-year low.

The historical rank and industry rank for Suburban Propane Partners LP's Dividend Yield % or its related term are showing as below:

SPH' s Dividend Yield % Range Over the Past 10 Years
Min: 6.21   Med: 10   Max: 20.8
Current: 6.55

During the past 13 years, the highest Dividend Yield of Suburban Propane Partners LP was 20.80%. The lowest was 6.21%. And the median was 10.00%.

SPH's Dividend Yield % is ranked better than
79.58% of 426 companies
in the Utilities - Regulated industry
Industry Median: 3.87 vs SPH: 6.55

Suburban Propane Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.86.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Suburban Propane Partners LP is 0.82, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Suburban Propane Partners LP was 39.01. The lowest was 0.56. And the median was 2.08.

As of today (2024-05-05), the Forward Dividend Yield % of Suburban Propane Partners LP is 6.55%.

Suburban Propane Partners LP's Dividends per Share for the three months ended in Dec. 2023 was $0.33.

During the past 3 years, the average Dividends Per Share Growth Rate was -14.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -14.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -11.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Suburban Propane Partners LP was 45.00% per year. The lowest was -20.10% per year. And the median was 1.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Suburban Propane Partners LP Dividend Yield % Historical Data

The historical data trend for Suburban Propane Partners LP's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Suburban Propane Partners LP Dividend Yield % Chart

Suburban Propane Partners LP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.16 12.90 7.98 8.64 8.10

Suburban Propane Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.59 8.49 8.78 8.10 7.32

Competitive Comparison of Suburban Propane Partners LP's Dividend Yield %

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Suburban Propane Partners LP's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Suburban Propane Partners LP's Dividend Yield % falls into.



Suburban Propane Partners LP Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Suburban Propane Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3250002024-02-052024-02-062024-02-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.3250002023-11-062023-11-072023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.3250002023-07-312023-08-012023-08-08Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Suburban Propane Partners LP's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.975/19.84
=4.91 %

Current Share Price is $19.84.
Suburban Propane Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.975.

Suburban Propane Partners LP's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.3/19.84
=6.55 %

Current Share Price is $19.84.
Suburban Propane Partners LP's Dividends per Share for the forward twelve months is calculated as $0.325 * 4 = $1.3.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Suburban Propane Partners LP  (NYSE:SPH) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Suburban Propane Partners LP Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Suburban Propane Partners LP's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Suburban Propane Partners LP (Suburban Propane Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
240 Route 10 West, P.O. Box 206, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.
Executives
Michael A Stivala officer: Controller C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Douglas Brinkworth officer: Vice President, Product Supply C/O SUBURBAN PROPANE PARTERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Nandini Sankara officer: VP Mark. & Brand Strategy 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Samuel Hodges officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Brent Stubbs officer: VP - Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Alejandro Centeno officer: VP, Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Logan Harold R Jr director
Rommel Oates director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Amy Adams director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Schueler officer: Vice President-Product Supply C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Bryon L Koepke officer: VP,Gen.Counsel & Secretary 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Dee Arthur Tate officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Daniel W. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPANNY NJ 07981-0206
Gregory L. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Francesca Cleffi officer: Vice President,Human Resources C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206