Star Group Increases Quarterly Distribution, Marking 14th Consecutive Annual Hike
summarizeSummary
Star Group, L.P. declared an increased quarterly distribution of $0.1975 per common unit, raising its annual distribution to $0.79 and marking the 14th consecutive year of annual increases.
check_boxKey Events
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Quarterly Distribution Increased
Star Group, L.P. declared a quarterly distribution of $0.1975 per common unit for the fiscal second quarter ended March 31, 2026, up from the previous $0.1850 per common unit.
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Annual Distribution Raised
The increase translates to an annual distribution of $0.79 per unit, representing a $0.05 annual increase.
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14th Consecutive Annual Increase
This marks the 14th consecutive year the company has increased its annual distribution, highlighting a consistent commitment to shareholder returns.
auto_awesomeAnalysis
Star Group, L.P. announced an increase in its quarterly distribution, raising it to $0.1975 per common unit, which translates to an annual distribution of $0.79. This marks the 14th consecutive year the company has increased its annual distribution, signaling consistent financial health and a commitment to returning capital to unitholders. For income-focused investors, this sustained growth in distributions is a positive indicator of the company's stability and operational performance, especially following strong Q1 FY2026 earnings.
At the time of this filing, SGU was trading at $12.57 on NYSE in the Trade & Services sector, with a market capitalization of approximately $413.3M. The 52-week trading range was $11.31 to $13.50. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.