Superior Plus stock dividend – “Superior Plus Corp to Pay CA$0.06 Dividend to Shareholders”.

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Superior Plus stock dividend – Superior Plus ($TSX:SPB) Corp is a Canadian-based company that specializes in the distribution and marketing of energy products and services. It operates in four primary business segments: Energy Distribution, Specialty Chemicals, Construction Products, and Corporate. The company’s stock is listed on the Toronto Stock Exchange under the ticker symbol SPB. Recently, Superior Plus Corp announced that it will distribute a dividend of CA$0.06 per share to shareholders.

This marks the fourth consecutive year that the company has paid a dividend to its shareholders. The company’s board of directors believes that the dividend payment is a reflection of the company’s commitment to deliver value to shareholders through dividends. The dividend payment is an indication of the company’s financial strength and its ability to generate long-term value for its shareholders.

Dividends – Superior Plus stock dividend

Superior Plus Corp recently announced that it will be paying a CA$0.06 dividend to its shareholders. This dividend is consistent with what the company has paid out in the last three years, which were 0.72 CAD per share annually. The dividend yields from 2021 to 2022 are estimated to be 5.83%, 5.03%, and 5.51%. This gives an average dividend yield of 5.46%, making SUPERIOR PLUS an attractive option for investors who are looking for dividend stocks. This makes it an attractive option for those who want to invest in dividend stocks and reap the long-term benefits that come with it.

This indicates that the company is well positioned to continue to pay out dividends in the future. Overall, if you are interested in investing in dividend stocks, SUPERIOR PLUS is worth adding to your list of consideration. The company’s strong track record of paying out dividends, combined with its robust financial performance, make it a great option for investors looking for a reliable source of income.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Superior Plus. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Superior Plus. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Superior Plus. More…

Key Ratios Snapshot

Some of the financial key ratios for Superior Plus are shown below. More…

Market Price

This announcement has been met with mostly positive sentiment from the media so far. The news caused the company’s stock to open at CA$11.3 and close at CA$11.4, representing a 0.7% increase from the previous day’s closing price of CA$11.3. This is a positive sign for the company and its investors, as it suggests that the dividend announcement was well-received by the market. This is a welcome announcement for shareholders, who will now benefit from the higher returns associated with a dividend payment.

The company’s stock has been performing well over the past few months, which could be attributed to the company’s strong financial performance and good management practices. The dividend announcement further strengthens Superior Plus Corp’s position as a solid investment opportunity. The company’s stock has been performing well and this news has further bolstered investor confidence in the company’s future prospects. Live Quote…

VI Analysis

The Visual Investor (VI) App simplifies the analysis of a company’s fundamentals, providing investors with an easy way to assess the long-term potential of their investments. In the case of Superior Plus, the VI Risk Rating considers both the financial and business aspects of the company, and classifies it as a medium risk investment. The app provides users with an in-depth analysis of the company’s income sheets, balance sheets, and other financial reports. It is able to detect any risks that may affect the company’s performance. In the case of Superior Plus, the app has identified two risk warnings in the income sheet and balance sheet. In addition, the VI App can help users understand the company’s financial performance over time and identify any potential investment opportunities. It offers a wide range of tools and features, including interactive charts and graphs, which allow users to quickly and easily visualize company data. The Visual Investor App is an invaluable tool for investors who are looking to make informed decisions about their investments. By analyzing the company’s fundamentals, they can gain insight into its long-term potential. With its comprehensive suite of features and easy-to-use interface, the VI App can help investors make smarter decisions. To take advantage of the app’s features, users can register on vi.app. More…

VI 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

Superior Plus Corp is a Canadian energy distribution company which recently announced that it will be paying a dividend of CA$0.06 per share to shareholders. The company has been receiving mostly positive sentiment from the media, and is seen as an attractive investment option. It has a strong financial position, with a diversified portfolio of energy products and services that offer investors a steady return. Superior Plus has managed to maintain a solid balance sheet and has managed to increase its dividend every year for the past four years.

Investors should take note that Superior Plus offers relatively low debt levels and its stock price has been steadily increasing. Overall, Superior Plus looks like a good investment option for those looking for a steady return.