Star Group, L.P. (NYSE:SGU) announced a quarterly dividend on Friday, January 14th, Wall Street Journal reports. Shareholders of record on Monday, January 24th will be paid a dividend of 0.1425 per share by the pipeline company on Tuesday, February 1st. This represents a $0.57 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date is Friday, January 21st.
Star Group has raised its dividend payment by 21.1% over the last three years and has raised its dividend annually for the last 9 consecutive years.
Shares of SGU traded up $0.13 during mid-day trading on Friday, reaching $10.67. The stock had a trading volume of 45,537 shares, compared to its average volume of 62,714. The firm has a market cap of $411.98 million, a price-to-earnings ratio of 6.76 and a beta of 0.53. Star Group has a 12 month low of $9.45 and a 12 month high of $12.03. The business has a fifty day moving average of $10.63 and a 200 day moving average of $10.75. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.47 and a current ratio of 0.64.
Star Group Company Profile
Star Group LP is a home heating oil and propane distributor and services provider, which engages providing heating related services to residential and commercial customers. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis. The company was founded on October 16, 1995 and is headquartered in Stamford, CT.
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