Star Group, L.P. Increases Annual Distribution by 5 Cents, to 74 Cents per Unit

Company Overview - Star Group, L.P. is a full-service provider specializing in home heating products and services for residential and commercial customers, including heating and air conditioning equipment [2] - The company is recognized as the nation's largest retail distributor of home heating oil based on sales volume, serving customers primarily in the Northeast and Mid-Atlantic U.S. regions [2] Financial Performance - Star Group announced an increase in its quarterly distribution to $0.1850 per common unit for the three months ended March 31, 2025, up from$0.1725 per common unit, marking an annual increase of $0.05 to$0.74 [1] - This increase represents the 13th consecutive year of annual dividend increases for the company [1] Future Outlook - The company has provided forward-looking statements regarding expectations and beliefs about future events, which involve various risks and uncertainties [3] - Factors influencing future performance include geopolitical events, inflation, customer consumption patterns, and regulatory impacts [3]