Star Group, L.P. (SGU) To Go Ex-Dividend on July 27th

Star Group, L.P. (NYSE:SGU) declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Monday, July 27th will be paid a dividend of 0.1975 per share by the pipeline company on Wednesday, August 5th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Monday, July 27th.

Star Group has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 13 consecutive years.

Star Group Trading Down 0.5%

SGU stock opened at $13.07 on Friday. The company’s 50-day simple moving average is $12.79 and its 200-day simple moving average is $12.68. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.37. Star Group has a 52-week low of $11.37 and a 52-week high of $13.53. The firm has a market cap of $429.09 million, a P/E ratio of 5.86 and a beta of 0.33.

Star Group (NYSE:SGU) last announced its quarterly earnings results on Wednesday, May 6th. The pipeline company reported $2.66 earnings per share for the quarter. Star Group had a return on equity of 28.64% and a net margin of 5.31%.The firm had revenue of $766.72 million during the quarter.

About Star Group

Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2023, the company served approximately 402,200 full service residential and commercial home heating oil and propane customers and 52,400 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers.