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TORONTO - Superior Plus Corp. (TSX: SPB), a North American energy distribution company with a market capitalization of $1.68 billion, has declared a quarterly dividend of CAD $0.045 per common share, scheduled for payment on July 15, 2025, to shareholders on record as of June 30, 2025. The company’s annualized dividend rate now stands at CAD $0.18 per share, offering investors a dividend yield of 2.8%.
This dividend has been classified as an eligible dividend for Canadian income tax purposes, according to the announcement made today. Superior Plus, which specializes in the distribution of propane, compressed natural gas (CNG), renewable energy, and related products and services, serves around 750,000 customer locations across the United States and Canada. According to InvestingPro data, the company maintains strong liquidity with a current ratio of 2.34, indicating robust financial health. For deeper insights into Superior Plus’s financial metrics and growth potential, investors can access comprehensive analysis through InvestingPro’s detailed research reports.
The company’s operations focus on delivering low carbon fuels such as propane, CNG, renewable natural gas (RNG), and hydrogen to a variety of customers, including residential, commercial, and industrial sectors. Despite experiencing a challenging period with a 27.6% decline in stock price over the past six months, Superior positions itself as a participant in the ongoing energy transition, aiming to assist customers in reducing their operating costs and environmental footprint. InvestingPro analysis suggests the stock is currently trading below its Fair Value, presenting a potential opportunity for value investors.
The forward-looking statements included in the press release, such as expectations regarding future dividends and their timing and amounts, are based on Superior’s current projections and assumptions. These statements reflect the company’s expectations but are subject to a range of risks and uncertainties that could cause actual results to differ materially. Factors that may influence these outcomes include market conditions, regulatory changes, and operational performance. For detailed analysis of Superior Plus’s valuation metrics and future prospects, investors can explore the full range of financial insights available on InvestingPro, including exclusive ProTips and comprehensive research reports covering over 1,400 US equities.
Investors are cautioned that forward-looking information is not a guarantee of future performance and that results could vary due to several known and unknown risks. These include regulatory decisions, competitive pressures, reliance on key partners, economic conditions, and other factors outlined under "Risk Factors" in the company’s public disclosures.
The facts presented in this article are based on a press release statement from Superior Plus Corp.
In other recent news, Spectrum Brands Holdings Inc. reported disappointing financial results for the second quarter of 2025, with earnings per share (EPS) at $0.68, missing the forecast of $1.44. The company’s revenue also fell short, reaching $675.7 million compared to the anticipated $698.91 million. Following these results, Spectrum Brands withdrew its earnings framework for fiscal 2025, citing uncertainties such as fluctuating consumer demand and tariff impacts. UBS analyst Peter Grom responded by raising Spectrum Brands’ price target from $76 to $78, while maintaining a Buy rating, despite acknowledging the challenges from tariffs and consumer demand. The company has initiated cost-saving measures and is exploring potential mergers and acquisitions in the pet and home categories. Spectrum Brands is also focusing on transitioning its supply chain out of China, aiming for zero sourcing from China in the Home and Garden segment by fiscal 2026. The company’s strategic initiatives and cost-saving efforts appear to be a focal point for investors amid these recent developments.
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