Suburban Propane Partners L P (SPH) Raises Quarterly Dividend 1.4% to $0.8875; 8.2% Yield
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Suburban Propane Partners, L.P. Declares Increase in Annualized Distribution Rate to $3.55 per Common Unit
April 23, 2015 7:30 AM EDTWHIPPANY, N.J., April 23, 2015 /PRNewswire/ --Â 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 gas and electricity, today announced that its Board of Supervisors declared the 30th increase (since the Partnership's recapitalization in 1999) in the Partnership's quarterly distribution from $0.8750 to $0.8875 per Common Unit for the three months ended March 28, 2015. This increased quarterly distribution rate equates to an annualized rate of $3.55 per Common Unit. The distribution at this increased rate is payable on May... More
