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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Utilities Utilities - Regulated Gas
Superior Plus Corp. is a Canada-based company, which is a distributor and marketer of propane and distillates and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane), and Certarus Ltd. The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States, as well as the Midwest and California to residential and commercial customers. The Canadian Propane segment includes the Canadian retail propane distribution business and the wholesale natural gas liquid marketing businesses. The Wholesale Propane segment is a distributor and marketer of propane gas and other natural gas liquids.


TSX:SPB - Post by User

Superior Plus Corp
Bullboard Posts
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(18)
•••
Post by gvixidon Feb 14, 2011 5:35pm
348 Views
Post# 18131931

dividend

dividend
I'm looking at getting into SPB as an income play, but I can't understand how they can sustain their dividend on such low earnings...

- Is the current EPS unusally low?
- Has a cut to the monthly div been discussed?
- Are payouts coming solely from debt, or is there some creative accounting on the books?

Any insight would be appreciated!

gvixid
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities