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SPH ex-dividend on 11/3 (1.9%)

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Suburban Propane Partners, a propane distributor, will pay a regular quarterly dividend of $0.66 on November 14 to holders as of Friday, November 3. This is a solid energy partnership, with a captive customer base, few competitors, and far from the alleged price manipulations of BP. This said, the 10pct dividends amounts to more than its trailing-12-month free cash flow, so monitor carefully.

SPH quote

This entry was posted on Saturday, October 21st, 2006 at 12:22 am and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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