Suburban Propane Dividend Insights: Key Details Ahead of Aug 5, 2025, Ex-Dividend Date

Suburban Propane (SPH) has recently announced a cash dividend of $0.325 per share, with the ex-dividend date set for Aug 5, 2025, and the dividend payment date scheduled for Aug 12, 2025. The announcement was made on Jul 24, 2025. This dividend is lower compared to the average of the last ten dividends, which stands at approximately $0.627 per share. Previously, on May 13, 2025, the company also issued a cash dividend of $0.325 per share.

Recently, Suburban Propane Partners has been in the spotlight due to its projected financial growth. The company aims to achieve $1.5 billion in revenue and $163.4 million in earnings by 2028, necessitating an annual revenue growth rate of 3.8%. This financial outlook has piqued investor interest, especially given the company's recent acquisition of Renewable Natural Gas production assets from Equilibrium Capital Group, which signals a strategic expansion into sustainable energy markets. This acquisition highlights the company's commitment to diversifying its energy solutions and could potentially bolster its revenue streams in the coming years.

Over the past week, Suburban Propane Partners has also been recognized alongside Las Vegas Sands Corp and Idacorp Inc, as these companies approach their respective ex-dividend dates. Suburban Propane will distribute its quarterly dividend of $0.325 on Aug 12, 2025, which translates into an estimated annual yield of 6.9%. Additionally, the company's stock price has experienced a modest increase, rising from $18.73 to $18.83, marking a gain of 0.534% in recent trading sessions. The company's strategic moves and stable financial footing continue to reinforce investor confidence, as reflected in the upward trend in its stock performance.

In conclusion, Suburban Propane Partners presents a notable opportunity for investors, supported by its strategic acquisitions and steady dividend payouts. With the ex-dividend date approaching on Aug 5, 2025, investors should be aware that this is the last chance to purchase shares and be eligible for the upcoming dividend. Any acquisition of shares post this date will not entitle shareholders to the current dividend distribution.