Superior Plus Corp T.SPB

Alternate Symbol(s): SUUIF

Utilities Utilities - Regulated Gas

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy 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. (Certarus). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States and California, as well as the Midwest to residential and commercial customers. The Canadian Propane segment distributes propane gas and liquid fuels across Canada to residential and commercial customers. The Wholesale Propane segment distributes propane gas and other natural gas liquids across Canada and the United States.

TSX:SPB - Post by User

Superior Plus Corp

Bullboard Posts

Post by gvixidon Feb 14, 2011 5:35pm

352 Views

Post# 18131931

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

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