Suburban Propane Partners, L.P.

Suburban Propane Partners, L.P.

SPHยทNYSE

$19.42

+2.2%
UtilitiesRegulated Gas

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.

At a Glance

Live Snapshot
Market Cap$1.29B
EPS1.6400
P/E Ratio11.84
Earnings Date08/06/2026
50727.01%
Dividend Yield
2954298%
3Y+2331962.0%
5Y+2555417.0%
10Y+1868849.0%
15.56%
Dividend Payout Ratio
-67%
3Y-21.0%
5Y+6.0%
10Y-109.0%
3Y+4.0%
5Y+14.0%
10Y-60.0%
Suburban Propane Partners, L.P.

Suburban Propane Partners, L.P. Dividend History

SPH ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

SPH Dividend Payment History

SPH ยท NYSE

Total Payments

50

Latest Dividend

$0.3250

Annual Amount

$1.6250

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 22, 2026
May 5, 2026May 12, 2026
$0.3250
$0.3250
Quarterly0.00%
Jan 22, 2026
Feb 3, 2026Feb 10, 2026
$0.3250
$0.3250
Quarterly0.00%
Oct 23, 2025
Nov 4, 2025Nov 12, 2025
$0.3250
$0.3250
Quarterly0.00%
Jul 24, 2025
Aug 5, 2025Aug 12, 2025
$0.3250
$0.3250
Quarterly0.00%
Apr 24, 2025
May 6, 2025May 13, 2025
$0.3250
$0.3250
Quarterly0.00%
Jan 23, 2025
Feb 4, 2025Feb 11, 2025
$0.3250
$0.3250
Quarterly0.00%
Oct 24, 2024
Nov 5, 2024Nov 12, 2024
$0.3250
$0.3250
Quarterly0.00%
Jul 25, 2024
Aug 6, 2024Aug 13, 2024
$0.3250
$0.3250
Quarterly0.00%
Apr 25, 2024
May 7, 2024May 14, 2024
$0.3250
$0.3250
Quarterly0.00%
Jan 25, 2024
Feb 6, 2024Feb 13, 2024
$0.3250
$0.3250
Quarterly0.00%
Oct 26, 2023
Nov 7, 2023Nov 14, 2023
$0.3250
$0.3250
Quarterly0.00%
Jul 20, 2023
Aug 1, 2023Aug 8, 2023
$0.3250
$0.3250
Quarterly0.00%
Apr 20, 2023
May 2, 2023May 9, 2023
$0.3250
$0.3250
Quarterly0.00%
Jan 19, 2023
Jan 31, 2023Feb 7, 2023
$0.3250
$0.3250
Quarterly0.00%
Oct 20, 2022
Nov 1, 2022Nov 8, 2022
$0.3250
$0.3250
Quarterly0.00%
Jul 21, 2022
Aug 2, 2022Aug 9, 2022
$0.3250
$0.3250
Quarterly0.00%
Apr 21, 2022
May 3, 2022May 10, 2022
$0.3250
$0.3250
Quarterly0.00%
Jan 20, 2022
Feb 1, 2022Feb 8, 2022
$0.3250
$0.3250
Quarterly0.00%
Oct 21, 2021
Nov 2, 2021Nov 9, 2021
$0.3250
$0.3250
Quarterly0.00%
Jul 22, 2021
Aug 3, 2021Aug 10, 2021
$0.3250
$0.3250
Quarterly+8.33%
Apr 22, 2021
May 4, 2021May 11, 2021
$0.3000
$0.3000
Quarterly0.00%
Jan 21, 2021
Feb 2, 2021Feb 9, 2021
$0.3000
$0.3000
Quarterly0.00%
Oct 22, 2020
Nov 3, 2020Nov 10, 2020
$0.3000
$0.3000
Quarterly0.00%
Jul 23, 2020
Aug 4, 2020Aug 11, 2020
$0.3000
$0.3000
Quarterly-50.00%
Apr 23, 2020
May 5, 2020May 12, 2020
$0.6000
$0.6000
Quarterly0.00%
Jan 23, 2020
Feb 4, 2020Feb 11, 2020
$0.6000
$0.6000
Quarterly0.00%
Oct 24, 2019
Nov 5, 2019Nov 12, 2019
$0.6000
$0.6000
Quarterly0.00%
Jul 25, 2019
Aug 6, 2019Aug 13, 2019
$0.6000
$0.6000
Quarterly0.00%
Apr 25, 2019
May 7, 2019May 14, 2019
$0.6000
$0.6000
Quarterly0.00%
Jan 24, 2019
Feb 5, 2019Feb 12, 2019
$0.6000
$0.6000
Quarterly0.00%
Oct 25, 2018
Nov 6, 2018Nov 13, 2018
$0.6000
$0.6000
Quarterly0.00%
Jul 26, 2018
Aug 7, 2018Aug 14, 2018
$0.6000
$0.6000
Quarterly0.00%
Apr 25, 2018
May 8, 2018May 15, 2018
$0.6000
$0.6000
Quarterly0.00%
Jan 25, 2018
Feb 6, 2018Feb 13, 2018
$0.6000
$0.6000
Quarterly0.00%
Oct 26, 2017
Nov 7, 2017Nov 14, 2017
$0.6000
$0.6000
Quarterly-32.43%
Jul 24, 2017
Aug 1, 2017Aug 8, 2017
$0.8880
$0.8880
Quarterly0.00%
Apr 20, 2017
May 2, 2017May 9, 2017
$0.8880
$0.8880
Quarterly0.00%
Jan 19, 2017
Jan 31, 2017Feb 7, 2017
$0.8880
$0.8880
Quarterly0.00%
Oct 20, 2016
Nov 1, 2016Nov 8, 2016
$0.8880
$0.8880
Quarterly0.00%
Jul 21, 2016
Aug 2, 2016Aug 9, 2016
$0.8880
$0.8880
Quarterly0.00%
Apr 21, 2016
May 3, 2016May 10, 2016
$0.8880
$0.8880
Quarterly0.00%
Jan 21, 2016
Feb 2, 2016Feb 9, 2016
$0.8880
$0.8880
Quarterly0.00%
Oct 22, 2015
Nov 3, 2015Nov 10, 2015
$0.8880
$0.8880
Quarterly0.00%
Jul 23, 2015
Aug 4, 2015Aug 11, 2015
$0.8880
$0.8880
Quarterly+0.11%
Apr 23, 2015
May 5, 2015May 12, 2015
$0.8880
$0.8870
Quarterly+1.37%
Jan 22, 2015
Feb 3, 2015Feb 10, 2015
$0.8750
$0.8750
Quarterly0.00%
Oct 23, 2014
Nov 3, 2014Nov 10, 2014
$0.8750
$0.8750
Quarterly0.00%
Jul 23, 2014
Aug 5, 2014Aug 12, 2014
$0.8750
$0.8750
Quarterly0.00%
Apr 24, 2014
May 6, 2014May 13, 2014
$0.8750
$0.8750
Quarterly0.00%
Jan 23, 2014
Feb 4, 2014Feb 11, 2014
$0.8750
$0.8750
Quarterly-
sph

Suburban Propane Partners, L.P. Payout Ratio Analysis

SPH ยท NYSE
Dividends Paid
-84.17M
2025
Net Income
106.57M
2025
Payout Ratio
78.99%
2025

Dividend Sustainability Analysis

Payout Ratio
78.99%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
73.6%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-1.3%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.