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SPH ex-dividend on 7/28 ($0.64)

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Suburban Propane Partners, a propane distributor, will pay a regular Quarterly dividend of $0.64 on August 8 to holders as of Friday, July 28. 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 10% dividends amounts to more than its trailing-12-month free cash flow, so monitor carefully.

This entry was posted on Monday, July 17th, 2006 at 11:23 pm 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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