Dividends & Buybacks ·
Suburban Propane Partners raises quarterly distribution to $0.35 per unit
SPHSuburban Propane Partners LP
Suburban Propane Partners declared an increase in its quarterly distribution from $0.325 to $0.35 per common unit for the quarter ended September 26, 2026. This represents a 7.7% increase over the previous annualized rate of $1.30. The distribution is payable on November 10, 2026, to unitholders of record as of November 3, 2026. Management cited strengthened financial position and completion of capital spending for renewable natural gas facilities in Ohio and New York as drivers for the increase. Suburban Propane Partners operates as a nationwide distributor of propane, renewable energy products, fuel oil, and related services.