Suburban Propane Partners, L.P.
SPHUtilities · Stock · quarterly payer
$19.42
Add to PortfolioForward Yield
6.69%
Annual Dividend
$1.30
Payout Ratio
66%
5-Yr Growth
-6.3%
Ex-Date
May 5, 2026
Frequency
Quarterly
SPH Dividend Safety Score
61/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage66% of earnings paid out
Free-cash-flow coverage82% of free cash flow
Balance-sheet strengthDebt/equity of 1.83
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is SPH a good dividend stock?
Yes, with caveatsSuburban Propane Partners, L.P. (SPH) pays a quarterly dividend yielding 6.69% ($1.30/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2021
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 6.69%
- Payout Ratio
- 66%
- Annual Dividend
- $1.30
- 5-Yr Avg Growth
- -6.3%
- Ex-Dividend Date
- May 5, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.36
- Market Cap
- $1.3B
- P/E Ratio
- 9.9
- 5-Yr Total Return
- 24%
- 52-Week Range
- $17.30 – $20.80
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 5, 2026 | — | $0.3250 | regular |
| Feb 3, 2026 | — | $0.3250 | regular |
| Nov 4, 2025 | — | $0.3250 | regular |
| Aug 5, 2025 | — | $0.3250 | regular |
| May 6, 2025 | — | $0.3250 | regular |
| Feb 4, 2025 | — | $0.3250 | regular |
| Nov 5, 2024 | — | $0.3250 | regular |
| Aug 6, 2024 | — | $0.3250 | regular |
| May 6, 2024 | — | $0.3250 | regular |
| Feb 5, 2024 | — | $0.3250 | regular |
| Nov 6, 2023 | — | $0.3250 | regular |
| Jul 31, 2023 | — | $0.3250 | regular |
| May 1, 2023 | — | $0.3250 | regular |
| Jan 30, 2023 | — | $0.3250 | regular |
Income Calculator
At $1.30 / yr per share
Per payment (quarterly)$32.50
Annual$130.00
Monthly avg$10.83
