Superior Plus Corp. (TSE:SPB) Declares Quarterly Dividend of $0.05

Key Points

• Superior Plus Corp. declared a quarterly dividend of $0.05 per share, with stockholders of record to be paid on October 15th.
• The company's shares have recently traded down by 3.2%, reaching C$6.61, while the dividend yield stands at 2.7%.
• Superior Plus is a leading distributor of propane and renewable energy, servicing approximately 770,000 customer locations in North America.

Superior Plus Corp. (TSE:SPB - Get Free Report) declared a quarterly dividend on Tuesday, August 12th, RTT News reports. Stockholders of record on Monday, September 29th will be paid a dividend of 0.045 per share on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

Superior Plus Trading Up 1.8%

Shares of SPB stock traded up C$0.12 during mid-day trading on Friday, reaching C$6.91. The company's stock had a trading volume of 627,902 shares, compared to its average volume of 848,090. The company's 50 day simple moving average is C$7.59 and its 200-day simple moving average is C$7.05. Superior Plus has a 12-month low of C$5.15 and a 12-month high of C$8.34. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. The firm has a market capitalization of C$1.16 billion, a PE ratio of 25.41 and a beta of 0.76.

Superior Plus Company Profile

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.