NEW YORK (
) -- The ex-dividend date for
) is tomorrow, October 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 85 cents per share. At a price of $49 as of 9:30 a.m. ET, the dividend yield is 7.1%.
The average volume for Suburban Propane has been 128,200 shares per day over the past 30 days. Suburban Propane has a market cap of $1.7 billion and is part of the
industry. Shares are down 13.7% year to date as of the close of trading on Wednesday.
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels, and the marketing of natural gas and electricity in the United States. The company has a P/E ratio of 15.3, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Suburban Propane as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full