Superior Plus stock dividend – SUPERIOR PLUS Corp Declares 0.06 Cash Dividend
March 28, 2023
Dividends Yield
On March 10 2023, SUPERIOR PLUS ($TSX:SPB) Corp declared a 0.06 cash dividend for its shareholders. This is the third consecutive year that SUPERIOR PLUS has issued a consistent annual dividend per share of 0.72 CAD, resulting in an average dividend yield of 6.33%. For those looking to invest in a dividend stock, this could be a great option.
With its ex-dividend date falling on March 30 2023, investors can take advantage of this dividend and benefit from the long-term returns of a consistent dividend yielding stock. Therefore, for those who are looking for a reliable and consistent dividend stock, SUPERIOR PLUS is worth considering.
Price History
This followed the company’s closing price of CA$11.3, which had opened the same day at CA$11.3 but closed down 1.9% at CA$11.1. The company’s stock is currently trading down from its opening price of CA$11.3, but analysts remain hopeful that the dividend announcement will provide an incentive for investors to hold and buy into the stock. 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 |
| 3.38k | -112.5 | 1.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Superior Plus. More…
| Operations | Investing | Financing |
| 248.7 | -632.1 | 410.9 |
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 |
| 4.48k | 3.02k | 5.52 |
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 |
| 5.8% | -16.3% | -1.1% |
| FCF Margin | ROE | ROA |
| 3.9% | -2.0% | -0.5% |
Analysis – Superior Plus Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of SUPERIOR PLUS‘s financials. After careful consideration of the company’s performance and potential, we have determined through our proprietary Valuation Line that the intrinsic value of a SUPERIOR PLUS share is around CA$13.8. Currently, SUPERIOR PLUS stock is traded at CA$11.1, significantly lower than its estimated intrinsic value, representing a 19.6% fair price undervaluation. More…
Peers
The company has a strong presence in the market, competing with other energy distributors such as UGI Corp, Naturgy Energy Group SA, and SPC Power Corp. Although each energy distributor has its own unique offerings, they all strive to provide reliable energy solutions to meet the needs of their customers.
– UGI Corp ($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
SPL is a Canadian energy distribution and services company and provides a steady stream of income for shareholders. Their operations are diversified and have a long-term track record of providing reliable and consistent returns. The company has a strong balance sheet, provides essential services to customers, and has a reliable dividend history. The company is a low-risk investment option for investors who seek consistent returns and dividend income.
