Superior Plus dividend calculator – SUPERIOR PLUS Declares 0.06 Cash Dividend
February 11, 2023
Dividends Yield
Superior Plus dividend calculator – SUPERIOR PLUS ($TSX:SPB) declared a cash dividend of 0.06 CAD on February 10 2023. The company has a long history of paying dividends, with the past three years providing an annual dividend per share of 0.72 CAD, and dividend yields of 5.83%, 5.03%, and 5.51%, respectively, from 2021 to 2022 with an average dividend yield of 5.46%. They offer a wide range of services including welding and propane supply and delivery, as well as home comfort solutions like heating, air conditioning, and water heater services. If you are interested in investing in dividend stocks, then you may want to consider SUPERIOR PLUS; their ex-dividend date is February 27 2023. Since their dividend is paid out in cash, it is important to note that it does not qualify for the dividend tax credit in Canada. As such, it is recommended that investors discuss their portfolio’s tax implications with their financial advisor to ensure they are making the most of their investments. Investors should also be aware that dividend yields from SUPERIOR PLUS may fluctuate over time, as the company’s dividend policy can change at any time. Therefore, it is important to review the company’s financial performance and current dividend yields before making any investment decisions.
Additionally, it is important to keep abreast of changes in the stock market, so investors can determine when their investment in SUPERIOR PLUS is most advantageous.
Share Price
The news of the dividend caused SUPERIOR PLUS stock to open at CA$10.3, down from the prior closing price of CA$10.4. The stock closed at CA$10.2, representing a 1.2% decline from the closing price of the previous day. The dividend was well-received by investors, who were encouraged by the company’s financial stability and ability to pay out a dividend in the current economic climate. The company is expected to continue its positive momentum, as it has recently announced a series of strategic acquisitions that will further expand its presence in the energy sector. The dividend payout reflects a commitment to rewarding shareholders with a portion of the company’s profits. This commitment is likely to help solidify investor confidence in the company and create a more favorable outlook for growth.
In addition, the dividend serves as an important source of income for those who rely on dividends for their retirement income. Overall, the decision to declare a 0.06 cash dividend on Friday was a wise move for the company that will likely benefit its shareholders and investors in the long run. With the recent strategic acquisitions and increasing stock price, SUPERIOR PLUS is well-positioned to continue its success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Superior Plus. More…
| Total Revenues | Net Income | Net Margin |
| 3.13k | -148.7 | 0.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Superior Plus. More…
| Operations | Investing | Financing |
| 219.2 | -623.5 | 411.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Superior Plus. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.29k | 2.8k | 5.59 |
Key Ratios Snapshot
Some of the financial key ratios for Superior Plus are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.6% | -21.4% | -3.8% |
| FCF Margin | ROE | ROA |
| 3.2% | -6.3% | -1.8% |
Analysis – Superior Plus Stock Fair Value Calculator
GoodWhale conducted an analysis of SUPERIOR PLUS‘s financials to determine its fair value. After reviewing the company’s balance sheet, income statements, and other financial documents, GoodWhale concluded that the fair value of SUPERIOR PLUS shares is approximately CA$12.8. This estimation was made using GoodWhale’s proprietary Valuation Line. Currently, SUPERIOR PLUS stock is trading on the open market at CA$10.2, undervalued by 20.6%. This discrepancy provides an opportunity for investors interested in gaining exposure to the company, as they can purchase the stock at a reduced price. Although the market may not currently be valuing the stock accurately, the analysis conducted by GoodWhale shows that there is potential upside to SUPERIOR PLUS’s stock based off of its true fair value. More…
Peers
The company has a strong presence in the market, competing with other energy distributors such as UGI Corp, Naturgy Energy Group SA, and SPC Power Corp. Although each energy distributor has its own unique offerings, they all strive to provide reliable energy solutions to meet the needs of their customers.
– UGI Corp ($NYSE:UGI)
Ugi Corp is a global energy services company that provides energy solutions to customers in the Americas, Europe, and Asia. The company also offers a range of energy-related services, including energy efficiency, renewable energy, and other energy-related services. With a current market cap of 8.27B, Ugi Corp is one of the leading energy services companies in the world. The company’s strong Return on Equity (ROE) of 17.89% reflects the success of its operational strategies and ability to generate high returns for its shareholders.
– Naturgy Energy Group SA ($BER:GAN)
Naturgy Energy Group SA is an energy and services company with a presence in over 20 countries. It is one of the leading energy companies in the world, providing electricity and natural gas to more than 19 million customers. The company has a market capitalization of 23.85 billion as of 2023 and a very impressive Return on Equity of 26.36%. This signifies the company’s ability to generate a high return from its equity investments. The company’s impressive performance is due to its focus on sustainable growth, digital innovation, and customer centricity. Naturgy has also made a commitment to invest heavily in renewable energy projects, in order to reduce its carbon footprint.
– SPC Power Corp ($PSE:SPC)
SPC Power Corp is a leading provider of energy solutions, supplying electricity, natural gas, and other energy products to businesses, homes, and other customers. The company has a market capitalization of 13.9 billion dollars as of 2023, reflecting the confidence of investors in its ability to generate long-term value. SPC Power Corp also has a Return on Equity of 5.12%, which is higher than the average for the industry and indicates a strong focus on profitability. This strong performance is indicative of the company’s ability to create value for its shareholders through efficient management of its resources and capital.
Summary
Investing in dividend stocks can be a great way to generate passive income and build wealth over time. SUPERIOR PLUS is one such dividend stock which has consistently paid out a dividend per share of 0.72 CAD over the last three years with an average dividend yield of 5.46%. With a current yield of 5.51%, SUPERIOR PLUS offers investors a return on their investment that is higher than the average of other dividend stocks. Furthermore, the ex-dividend date for SUPERIOR PLUS is February 27 2023, meaning that shareholders who purchase the stock before this date are eligible to receive the next dividend payment. Overall, SUPERIOR PLUS appears to be a solid option for investors seeking to generate dividend income through a reliable dividend stock.
