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 > Cut dividend and won't buy shares

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Comment by rockmstockmon Dec 04, 2024 6:01pm

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Post# 36346122

RE:RE:RE:RE:Cut dividend and won't buy shares

Absolutely! But this company specifically said the dividend was secure and a couple months later cut it saying they will use the funds that would have been dividends to buy back stock. It's my opinion they're liars and won't buy back any shares and eliminating 80% of the dividend payout this stock is worth under 5$.

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