Suburban Propane Partners, L.P. Announces Quarterly Distribution
Suburban Propane Partners, L.P. (NYSE: SPH) has declared a quarterly distribution of $0.325 per Common Unit for the three months that ended September 27, 2025. This announcement reflects the company's strong performance and dedication to its investors.
Understanding the Quarterly Distribution
This quarterly distribution translates to an annualized rate of $1.30 for each Common Unit held by shareholders. The payment, scheduled for November 11, 2025, will be distributed to all Common Unitholders of record as of November 4, 2025. This consistent return showcases the commitment of Suburban Propane Partners to deliver value to its investors.
Tax Implications for Foreign Investors
It's important to note that Suburban Propane Partners, L.P.'s distributions to foreign investors are connected with U.S. business operations. These distributions will be subject to federal income tax withholding at the highest effective tax rate. Such measures ensure compliance with U.S. tax obligations for foreign entities receiving income from the partnership.
Company Overview
Suburban Propane, headquartered in Whippany, New Jersey, has been part of the customer service sector since 1928. The company operates as a nationwide distributor not only of propane but also renewable propane, renewable natural gas, and fuel oil. They stand out in the market due to their extensive service that caters to the energy needs of approximately one million customers, spanning residential, commercial, governmental, industrial, and agricultural sectors across 42 states.
The Core Pillars of Suburban Propane
Suburban Propane thrives on three foundational principles:
- Suburban Commitment: The company has nearly a century-long tradition of service that emphasizes reliability, dependability, and flexibility, ensuring they meet the highest standards of customer service.
- SuburbanCares: An initiative focused on giving back, reflecting the company's dedication to local communities across its service areas.
- Go Green with Suburban Propane: This initiative promotes the environmentally friendly benefits of propane and renewable propane as a vital part of the transition towards green energy, while also investing in innovative renewable alternatives.
Conclusion on Future Prospects
With a robust distribution plan and a commitment to sustainable practices, Suburban Propane Partners, L.P. is well-positioned for continued success. Their strategic focus on service and community engagement highlights the potential for growth and shareholder value.
Frequently Asked Questions
What is the latest quarterly distribution per Common Unit?
The latest distribution is $0.325 per Common Unit.
When will the distribution be paid to Common Unitholders?
The distribution is scheduled to be paid on November 11, 2025.
How long has Suburban Propane been in business?
Suburban Propane has been operating since 1928, providing comprehensive energy solutions.
What are the core principles of Suburban Propane?
The core principles are Suburban Commitment, SuburbanCares, and Go Green with Suburban Propane.
How many customers does Suburban Propane serve?
Suburban Propane services approximately 1 million customers across various sectors.
