- Star Group, L.P. (SGU, Financial) announces a 5 cent increase in its annual distribution to $0.74 per unit.
- The quarterly distribution will increase from $0.1725 to $0.1850 per unit for the period ending March 31, 2025.
- This marks the 13th consecutive year of annual distribution increases by Star Group.
Star Group, L.P. (SGU) has announced an increase in its annual distribution, raising it by 5 cents to a total of $0.74 per unit. This adjustment will lead to a quarterly distribution increase from $0.1725 to $0.1850 per common unit, benefitting its unitholders.
The company's decision marks its 13th consecutive year of annual distribution increments, underscoring Star Group's commitment to delivering value to its investors. The distribution is scheduled to be paid on May 7, 2025, to unitholders of record as of April 28, 2025.
As a prominent home energy distributor, Star Group continues to strengthen its market position by consistently enhancing shareholder returns. Stakeholders can access more information by visiting Star's website or checking the company's recent SEC filings.