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 > AFFO per share and payout ratio

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Post by mickeymouseon Aug 13, 2024 7:57pm

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Post# 36177648

AFFO per share and payout ratio

Not sure why there was a concern about the dividend being cut? When you go to the analyst models - I will use CIBC as an example - their AFFO per share estimate ( Adjusted Funds From Operations - which is a metric that measures true cash flow) is at 1.98 for 2024 - dividend is .72 and their calculation is a payout ratio of 36.3% - for 2025 the AFFO per share is projected to be 2.19 - with a .72 distribution per share which works out to a 32.9% payout ratio.

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