The most recent change in the company’s dividend was an increase of $0.0250 on Friday, July 23, 2021. 30 employees have rated Suburban Propane Partners Chief Executive Officer Michael A. Stivala on Glassdoor.com. Michael A. Stivala has an approval rating of 36% among the company’s employees. This puts Michael A. Stivala in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Suburban Propane Partners announced a quarterly dividend on Thursday, July 20th. Investors of record on Tuesday, August 1st will be paid a dividend of $0.325 per share on Tuesday, August 8th.

• Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
• The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
• This suggests a possible upside of 14.1% from the stock’s current price.
• Since then, SPH stock has decreased by 4.7% and is now trading at $14.46.

Top institutional investors include JPMorgan Chase & Co. (1.68%), Mirae Asset Global Investments Co. Ltd. (1.13%), Goldman Sachs Group Inc. (1.09%), Clearbridge Investments LLC (0.91%), Levin Capital Strategies L.P. Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift and Michael A Schueler.

Data are provided ‚as is‘ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Suburban Propane Partners‘ stock is owned by a number of institutional and retail investors.

2 equities research analysts have issued 1-year price targets for Suburban Propane Partners‘ shares. Their SPH share price forecasts range from $16.00 to $17.00. On average, they expect the company’s stock price to reach $16.50 in the next year. This suggests a possible upside of 14.1% from the stock’s current price. View analysts price targets for SPH or view top-rated stocks among Wall Street analysts. 2 Wall Street research analysts have issued „buy,“ „hold,“ and „sell“ ratings for Suburban Propane Partners in the last year.

Private Companies

Said Thursday it’ll pay $1.8 billion in cash and debt to buy Inergy L.P.’s retail propane operations. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Over the past three years, the company’s dividend has not grown.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Suburban Propane Boosts Sickle Cell Awareness Through Blood Drive Event with The American Red Cross and Eric LeGrand

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Suburban Propane Partners’s most recent quarterly dividend payment of $0.3250 per share was made to shareholders on Tuesday, August 8, 2023. One share of SPH stock can currently be purchased for approximately $14.46. The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.

This represents a $1.30 annualized dividend and a yield of 8.99%. The ex-dividend date of this dividend is Monday, July 31st. These 10 simple stocks can help beginning investors build long-term wealth without https://investmentsanalysis.info/ knowing options, technicals, or other advanced strategies. Crashing share prices have left them with big dividends…for now. As an investor, you want to buy stocks with the highest probability of success.

Stock Quote

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‚V‘ for Value, ‚G‘ for Growth and ‚M‘ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

To see all exchange delays and terms of use please see Barchart’s disclaimer. Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested. It reflects how much an investor will earn aside from any capital gains in the stock.

Suburban Propane Partners, L.P. (SPH)

Is engaged in the retail marketing and distribution of propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. The Company’s segments include Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity. The Natural Gas and Electricity segment engaged in the marketing of natural gas and electricity to residential and commercial customers in the deregulated energy markets of New York and Pennsylvania.

• To see all exchange delays and terms of use please see Barchart’s disclaimer.
• Over the past three years, the company’s dividend has not grown.
• The monthly returns are then compounded to arrive at the annual return.
• The ex-dividend date of this dividend is Monday, July 31st.
• Their SPH share price forecasts range from $16.00 to $17.00.

And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. SPH’s beta can be Forex trading strategies for beginners found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Friday Is Your Last Chance To Buy Suburban Propane Partners Before The Dividend Payout

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

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similar fashion. MarketWatch’s rundown of corporate headlines of interest to investors early Thursday.

The consensus among Wall Street research analysts is that investors should „hold“ SPH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPH, but not buy additional shares or sell existing shares. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

MarketWatch’s rundown of corporate headlines of interest to investors early Monday. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.