Suburban Propane Partners LP


Suburban Propane - ticker SPH



A high dividend stock.  It's already cut its dividend by 33% but still a 10% yielder.  Yes its high, but above average safe.  It's being beat up even after good earnings after this winter.  It's paying down debt, and looking for opportunity.  Don't be confused on this one.  They are trying to hold up a very high dividend, and a balance sheet.  So far the balancing act is working!  Winter weather is changing for them in a positive way.  This is one to watch , with patience.



Earnings were in line with what was expected, but still negative.

It beat last year's 1st quarter results by 17.86%.  Cold weather is definitely helping them.  Spec Play but a reliable company, that is holding tough at it's lows.  Currently holding this one, building dividend at 10% yearly and waiting.


1/27/2018 - By looking at the charts, RSI has started to move up, and Simple Moving Average looks to be happy with the current price.  $25.36   I see the stock in the $25 to 25.50 before their earnings call.  Their call will reveal all.  I may add more to my position, before the call.  Don't forget the 9.50% dividend coming soon.  .60 cent per share.  Think of it this way...if you bought a 100 shares, right now at 25.36, with the dividend add in a couple weeks, your basis cost would be 25.36 minus .60 = $24.76


1/24/2018 - It's going lower but not by much.  Quarter earnings coming soon, February.  It's been a colder year.  My biggest bet yet.


12/28/2017 - MACD as a whole edging upward, since Dec.20th.  On Dec. 20th we see a low close of 23.75 for the year, with a quick but slight rebound. We are seeing a nice but again slight increase in the strength of the stock (RSI).  With the 100 day moving average being around 24.75, and the low is around 23.74 in the last few weeks, and the yearly low being at 22.71 we are feeling good about this.  24.75  minus 22.71 leaves us with a $2.00 variance.

We are right in the sweet spot, with positive signs coming!  Colder winter, dividend cut behind us, and a 10% dividend to boot.


They suffer from warm weather and declining income.  Dividend cut has happened, still a 10% yield stock.  Charts - MACD just can't cross over to positive ....yet.  This one keeps trending lower. I have to say, this one is still risky.  Speculation stock only at this time.  After a dividend cut, it will take some time before the masses jump back in on this one.


My hope is to get a good position, with a good long term basis started for the dividend growth.  We will wait for good news on weather, before we jump. Colder winter means more profits for SPH

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