Star Group, L.P. (NYSE:SGU) Plans Dividend of $0.19

Star Group, L.P. (NYSE:SGU) announced a dividend on Monday, April 21st, investing.com reports. Stockholders of record on Tuesday, April 29th will be given a dividend of 0.185 per share by the pipeline company on Wednesday, May 7th. This represents a dividend yield of 5.8%. The ex-dividend date is Monday, April 28th.

Star Group has raised its dividend payment by an average of 6.7% annually over the last three years and has raised its dividend every year for the last 12 years.

Star Group Stock Up 0.2 %

Shares of NYSE SGU opened at $12.87 on Monday. The company has a 50 day simple moving average of $13.05 and a 200 day simple moving average of $12.22. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.83 and a quick ratio of 0.66. Star Group has a 1 year low of $9.64 and a 1 year high of $13.75. The firm has a market cap of $444.95 million, a PE ratio of 12.38 and a beta of 0.35.

Star Group (NYSE:SGU) last released its quarterly earnings results on Wednesday, February 5th. The pipeline company reported $0.79 earnings per share (EPS) for the quarter. Star Group had a net margin of 3.19% and a return on equity of 18.47%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Star Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 7th.

Star Group Company Profile

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.