Star Group, L.P. Declares Quarterly Dividend of $0.20 (NYSE:SGU)

Star Group, L.P. (NYSE:SGU) declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Monday, July 27th will be given a dividend of 0.1975 per share by the pipeline company on Wednesday, August 5th. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Monday, July 27th.

Star Group has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 13 years.

Star Group Stock Performance

NYSE:SGU opened at $13.11 on Friday. Star Group has a 1-year low of $11.37 and a 1-year high of $13.53. The company has a current ratio of 0.99, a quick ratio of 0.81 and a debt-to-equity ratio of 0.37. The stock has a market cap of $430.24 million, a P/E ratio of 5.88 and a beta of 0.33. The stock has a 50 day simple moving average of $12.79 and a 200 day simple moving average of $12.68.

Star Group (NYSE:SGU) last released its quarterly earnings results on Wednesday, May 6th. The pipeline company reported $2.66 earnings per share for the quarter. The company had revenue of $766.72 million during the quarter. Star Group had a net margin of 5.31% and a return on equity of 28.64%.

Star Group Company Profile

Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2023, the company served approximately 402,200 full service residential and commercial home heating oil and propane customers and 52,400 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers.