Suburban Propane Partners, L.P. Declares Increase in Annualized Distribution Rate to $1.40 per Common Unit
PR Newswire•22/10/2026•07:25 ET
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Key Highlights
- ➤Quarterly distribution increased from $0.325 to $0.35 per Common Unit
- ➤Annualized distribution rate rises to $1.40 per Common Unit
- ➤Distribution increase represents a 7.7% increase over the previous annualized rate
- ➤Distribution payable November 10, 2026, to unitholders of record November 3, 2026
Expert Statements
Michael A. Stivala, President and Chief Executive Officer of Suburban Propane Partners, L.P.
“We are very pleased to announce an increase in our annualized distribution rate to $1.40 per Common Unit, representing a 7.7% increase over the previous annualized rate. This increase reflects the progress we have made in strengthening our financial position and our confidence in the long-term outlook for the business. With capital spending largely complete for our renewable natural gas facilities in Columbus, Ohio and Upstate New York, an improving leverage profile and positive momentum across both of our propane operations and renewable energy platform, we have greater flexibility to return additional capital to our Unitholders, while continuing to preserve capital to invest in strategic growth opportunities.”
Suburban Propane Partners, L.P. Declares Increase in Annualized Distribution Rate to $1.40 per Common Unit PR Newswire
WHIPPANY, N.J., Oct. 22, 2026 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced that its Board of Supervisors declared an increase in the Partnership's quarterly distribution from $0.325 to $0.35 per Common Unit for the three months ended September 26, 2026. This increased quarterly distribution rate equates to an annualized rate of $1.40 per Common Unit. The distribution is payable on November 10, 2026 to Common Unitholders of record as of November 3, 2026.
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