Superior Plus Declares 2025 Fourth Quarter Dividend
Spectrum BrandsSpectrum Brands(US:SPB) Businesswire·2025-11-13 23:14

Core Points - Superior Plus Corp. announced a quarterly dividend of CAD $0.045 per common share, payable on January 15, 2026, to shareholders of record at the close of business on December 31, 2025, with an annualized cash dividend rate of CAD $0.18 per share [1][12] - The company is a leading North American distributor of propane, compressed natural gas, renewable energy, and related products, servicing approximately 750,000 customer locations in the U.S. and Canada [2] - Superior Plus focuses on delivering low carbon fuels to various sectors, contributing to the energy transition and helping customers reduce operating costs and improve environmental performance [2] Company Overview - Superior Plus is involved in propane distribution and the distribution of compressed natural gas (CNG), renewable natural gas (RNG), and hydrogen, targeting residential, commercial, utility, agricultural, and industrial customers not connected to a pipeline [2] - The company defines 'low carbon' and 'lower carbon' fuels as those with lower carbon intensity than fossil fuels, applicable in similar uses [3] Future Outlook - The company has made significant progress in implementing changes within its business, particularly through its "Superior Delivers" propane transformation initiative [9] - Forward-looking statements regarding future dividends and their timing are based on current expectations and assumptions, including operational success and market conditions [4][5]