Suburban Propane Partners, L.P. announced that its Board of Supervisors has declared an increase in its quarterly distribution for the fourth quarter of fiscal 2026. The company cited a strengthening financial position, an improving leverage profile, and confidence in its long-term business outlook as the primary reasons for the increase.
Key Details
- New Distribution Rate: The quarterly distribution was increased to $0.35 per Common Unit, up 7.7% from the previous rate of $0.325 per unit.
- Annualized Rate: This brings the new annualized distribution rate to $1.40 per Common Unit.
- Payment & Record Dates: The distribution is payable on November 10, 2026, to unitholders of record as of November 3, 2026.