Suburban Propane Partners, L.P. (NYSE:SPH), today announced that its Board of Supervisors declared an increase in the Partnership's quarterly distribution from $0.30 to $0.325 per Common Unit for the three months ended June 26, 2021. This quarterly distribution rate equates to an annualized rate of $1.30 per Common Unit, and represents an increase of $0.10 per Common Unit compared to the annualized rate from the previous quarter. The increased quarterly distribution is payable on August 10, 2021 to Common Unitholders of record as of August 3, 2021.
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There are many different investment approaches, and many different stocks to go along with them. For example, General Electric (NYSE: GE) is an industrial icon that has fallen on hard times. The "story" is all about getting back to its former glory. Suburban Propane (NYSE: SPH) , on the o...
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Thu, 13 Nov 2014 12:30:00 GMT ~ Suburban Propane Partners, L.P. Announces Full Year and Fourth Quarter Results
[PR Newswire] - WHIPPANY, N.J., Nov. 13, 2014 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural ...
Link: http://www.otcmarkets.com/stock/SPH/company-info Ticker: $SPH OTC Market Place: Not Available CIK code: 0001005210 Company name: Suburban Propane Partners, L.P. Company website: http://www.suburbanpropane.com Incorporated In: DE, USA
$SPH share structure
## source: otcmarkets.com
Market Value: Not Available Shares Outstanding: Not Available Float: Not Available Authorized Shares: Not Available Par Value: No Par Value $SPH extra dd links
Company name: Suburban Propane Partners, L.P. Company website: http://www.suburbanpropane.com
Suburban Propane to buy Inergy's retail propane business for $1.8 bln Thu Apr 26, 2012 8:39am EDT
April 26 (Reuters) - Suburban Propane Partners LP said it would buy Inergy LP's retail propane operations for about $1.8 billion in a deal that will double its customer base and make it one of the top propane retailers in the United States.
Suburban's biggest ever deal marks the second large acquisition in the propane retailing industry in less than a year. Last October, AmeriGas Partners LP acquired Energy Transfer Partners L.P.'s propane business for $2.8 billion.
While propane has long been used in barbecue grills, about 5 percent of total U.S. households now use propane for heating.
Suburban's deal for Inergy's propane business includes $1 billion newly issued Suburban senior notes, $200 million in cash and $600 million new Suburban common units.
Inergy Propane sells propane in 33 states from 338 customer service centers. The acquisition will add about 600,000 customers and 325 million retail propane gallons to Suburban's existing operations.
Suburban said the deal, expected to close in the second half of the year, will make it the third largest retailer of propane in the United States, measured by retail gallons sold in 2011.
Separately, Inergy said the deal would help it focus on its midstream growth strategy as it evolves into a pure play pipelines business.
Evercore Partners acted as a financial adviser to Suburban, while Greenhill & Co advised Inergy
~ $SPH ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $SPH ~ Earnings expected on Thursday * This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you! Want more like this? Search Keyword:MACMONEY >>> http://tinyurl.com/MACMONEY <<< One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.