SPH Dividend History & Analysis | 8.3% Yield

SPH has a dividend yield of 8.3% and paid 1.3 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 8.30%
Payout Ratio 97.9%
Growth Rate CAGR 5y 0.99%
Consistency Lifetime 95.5%
Yield on Cost 5y 12.52%
Payout FCF 128.6%
Streak Years 30
Dividend Rating 68.30%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Gas Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
SR 4,993 M 4.14% 7.65%
NJR 5,042 M 3.99% 7.68%
NWN 1,965 M 4.51% 5.34%
UGI 8,126 M 4.25% 5.07%
BIPC 5,457 M 4.17% 4.96%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
CPK 3,043 M 9.42% 98.5%
ATO 26,905 M 9.03% 99.3%
NJR 5,042 M 7.37% 98.6%
SR 4,993 M 4.81% 74.4%
NFG 7,982 M 4.03% 99.6%

SPH Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-03 2026-02-03 2026-02-10 0.325 0% 1.63%
2025-11-04 2025-11-04 2025-11-11 Quarterly 0.325 0% 1.81%
2025-08-05 2025-08-05 2025-08-12 Quarterly 0.325 0% 1.73%
2025-05-06 2025-05-06 2025-05-13 Quarterly 0.325 0% 1.61%
2025-02-04 2025-02-04 2025-02-11 Quarterly 0.325 0% 1.55%
2024-11-05 2024-11-05 2024-11-12 Quarterly 0.325 0% 1.8%
2024-08-06 2024-08-06 2024-08-13 Quarterly 0.325 0% 1.9%
2024-05-06 2024-05-07 2024-05-14 Quarterly 0.325 0% 1.66%
2024-02-05 2024-02-06 2024-02-13 Quarterly 0.325 0% 1.64%
2023-11-06 2023-11-07 2023-11-14 Quarterly 0.325 0% 1.88%
2023-07-31 2023-08-01 2023-08-08 Quarterly 0.325 0% 2.19%
2023-05-01 2023-05-02 2023-05-09 Quarterly 0.325 0% 2.1%
2023-01-30 2023-01-31 2023-02-07 Quarterly 0.325 0% 2.05%
2022-10-31 2022-11-01 2022-11-08 Quarterly 0.325 0% 1.98%
2022-08-01 2022-08-02 2022-08-09 Quarterly 0.325 0% 2.01%
2022-05-02 2022-05-03 2022-05-10 Quarterly 0.325 0% 1.96%
2022-01-31 2022-02-01 2022-02-08 Quarterly 0.325 0% 2.2%
2021-11-01 2021-11-02 2021-11-09 Quarterly 0.325 0% 2.04%
2021-08-02 2021-08-03 2021-08-10 Quarterly 0.325 8.3% 2.05%
2021-05-03 2021-05-04 2021-05-11 Quarterly 0.3 0% 2.02%
2021-02-01 2021-02-02 2021-02-09 Quarterly 0.3 0% N/A
2020-11-02 2020-11-03 2020-11-10 Quarterly 0.3 0% N/A
2020-08-03 2020-08-04 2020-08-11 Quarterly 0.3 -50% N/A
2020-05-04 2020-05-05 2020-05-12 Quarterly 0.6 0% N/A
2020-02-03 2020-02-04 2020-02-11 Quarterly 0.6 0% N/A
2019-11-04 2019-11-05 2019-11-12 Quarterly 0.6 0% N/A
2019-08-05 2019-08-06 2019-08-13 Quarterly 0.6 0% N/A
2019-05-06 2019-05-07 2019-05-14 Quarterly 0.6 0% N/A
2019-02-04 2019-02-05 2019-02-12 Quarterly 0.6 0% N/A
2018-11-05 2018-11-06 2018-11-13 Quarterly 0.6 0% N/A
2018-08-06 2018-08-07 2018-08-14 Quarterly 0.6 0% N/A
2018-05-07 2018-05-08 2018-05-15 Quarterly 0.6 0% N/A
2018-02-05 2018-02-06 2018-02-13 Quarterly 0.6 0% N/A
2017-11-06 2017-11-07 2017-11-14 Quarterly 0.6 -32.4% N/A
2017-07-28 2017-08-01 2017-08-08 Quarterly 0.8875 0% N/A
2017-04-28 2017-05-02 2017-05-09 Quarterly 0.8875 0% N/A
2017-01-27 2017-01-31 2017-02-07 Quarterly 0.8875 0% N/A
2016-10-28 2016-11-01 2016-11-08 Quarterly 0.8875 0% N/A
2016-07-29 2016-08-02 2016-08-09 Quarterly 0.8875 0% N/A
2016-04-29 2016-05-03 2016-05-10 Quarterly 0.8875 0% N/A
2016-01-29 2016-02-02 2016-02-09 Quarterly 0.8875 0% N/A
2015-10-30 2015-11-03 2015-11-10 Quarterly 0.8875 0% N/A
2015-07-31 2015-08-04 2015-08-11 Quarterly 0.8875 0% N/A
2015-05-01 2015-05-05 2015-05-12 Quarterly 0.8875 1.4% N/A
2015-01-30 2015-02-03 2015-02-10 Quarterly 0.875 0% N/A
2014-10-30 2014-11-03 2014-11-10 Quarterly 0.875 0% N/A
2014-08-01 2014-08-05 2014-08-12 Quarterly 0.875 0% N/A
2014-05-02 2014-05-06 2014-05-13 Quarterly 0.875 0% N/A
2014-01-31 2014-02-04 2014-02-11 Quarterly 0.875 0% N/A
2013-11-01 2013-11-05 2013-11-12 Quarterly 0.875 0% N/A

SPH Dividend FAQ

Suburban Propane Partners L.P. (NYSE: SPH) distributes propane, renewable propane, renewable natural gas, fuel oil, diesel, kerosene, gasoline, natural gas, and electricity across residential, commercial, industrial, and agricultural markets in the United States.

What is the Dividend Yield of SPH?

As of February 2026, SPH`s dividend yield is 8.30%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.30 USD by the current share price of 19.75.

Does SPH pay a dividend?

As of February 2026, SPH paid a dividend of 1.30 USD in the last 12 months. The last dividend was paid on 2026-02-03 and the payout was 0.325 USD.

How often does SPH pay dividends?

SPH pays dividends quarterly. Over the last 12 months, SPH has issued 4 dividend payments. The last dividend payment was made on 2026-02-03.

SPH dividend forecast

Based on historical data, the forecasted dividends per share for SPH for the next 4 payments are between 0.291 (-10.5%) and 0.4 (+23.1%).
This indicates a solid dividend increase compared to the last payment.

Will SPH pay dividends in 2026?

The latest dividend paid per share was 0.325 USD with an Ex-Dividend Date of 2026-02-03. The next Ex-Dividend date for Suburban Propane Partners (SPH) is currently unknown.

What is the next Ex-Dividend Date for SPH?

The next Ex-Dividend date for Suburban Propane Partners (SPH) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SPH?

SPH's average dividend growth rate over the past 5 years is 0.99% per year.
Weak growth: SPH's Dividend growth is lower than inflation.

What is the Yield on Cost of SPH?

SPH's 5-Year Yield on Cost is 12.5%. If you bought SPH's shares at 10.38 USD five years ago, your current annual dividend income (1.30 USD per share, trailing 12 months) equals 12.5% of your original purchase price.

What is the Payout Consistency of SPH?

SPH Payout Consistency is 95.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Suburban Propane Partners has a strong track record of consistent dividend payments over its lifetime.

Does SPH have a good Dividend Yield?

SPH`s 8.30% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of SPH?

The Dividend Payout Ratio of SPH is 97.9%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of SPH?

SPH`s Overall Dividend Rating is 68.30%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SPH Outstanding Shares Analysis

What is the Trend in SPH's Outstanding Shares?

Suburban Propane Partners's outstanding shares have increased by approximately 1.11% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has SPH ever had a Stock Split?

Yes, the last stock split was on Jun 15, 1999 with a ratio of 10:1.

This was a forward split: Each share became 10 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1994 28,700,000
1995 29,193,500 +1.72%
1996 21,562,500 -26.14%
1997 21,562,500
1998 21,562,500
1999 22,264,000 +3.25%
2000 24,163,000 +8.53%
2001 24,631,000 +1.94%
2002 24,679,000 +0.19%
2003 27,718,000 +12.31%
2004 30,376,000 +9.59%
2005 30,391,000 +0.05%
2006 32,376,000 +6.53%
2007 32,908,000 +1.64%
2008 32,939,000 +0.09%
2009 35,538,000 +7.89%
2010 35,682,000 +0.41%
2011 35,777,000 +0.27%
2012 57,347,000 +60.29%
2013 60,620,000 +5.71%
2014 60,796,000 +0.29%
2015 60,961,000 +0.27%
2016 61,232,000 +0.44%
2017 61,525,000 +0.48%
2018 61,903,000 +0.61%
2019 62,414,000 +0.83%
2020 62,741,000 +0.52%
2021 63,309,000 +0.91%
2022 63,933,000 +0.99%
2023 64,381,000 +0.7%
2024 64,756,000 +0.58%
2025 65,819,000 +1.64%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-04 02:38