Star Group, L.P. (NYSE:SGU – Get Free Report) declared a quarterly dividend on Thursday, July 16th. Investors 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 yield of 6.0%. The ex-dividend date is Monday, July 27th.
Star Group has increased 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 Stock Performance
NYSE SGU opened at $13.11 on Friday. Star Group has a 1-year low of $11.37 and a 1-year high of $13.53. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.99 and a quick ratio of 0.81. The stock’s 50 day simple moving average is $12.79 and its 200-day simple moving average is $12.68. The company has a market cap of $430.24 million, a PE ratio of 5.88 and a beta of 0.33.
Analysts Set New Price Targets
Separately, Weiss Ratings raised Star Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Check Out Our Latest Report on SGU
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. It also sells gasoline and diesel fuel to approximately 26,600 customers.
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