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.

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Superior Plus Corp > SPB is Infamous For Lower 2nd and 3rd Qs

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Comment by InvestSmarteron Aug 10, 2024 9:52pm

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Post# 36173155

RE:SPB is Infamous For Lower 2nd and 3rd Qs

Bingo.

Management consistently says the dividend is sustainable, and is in the FCF payout ratio range. Not to mention earnings are going up, not down. Debt is being paid down at the current dividend level as well. No drip, so no dilution. This is because cash flow does not need drip to be a sustainable yield.

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