WHIPPANY, N.J., Oct. 22, 2020 /PRNewswire/ -- Suburban Propane
Partners, L.P. (NYSE: SPH), a nationwide distributor of propane,
fuel oil and related products and services, as well as a marketer
of natural gas and electricity, today announced that its Board of
Supervisors declared a quarterly distribution of $0.30 per Common Unit for the three months ended
September 26, 2020. This quarterly
distribution rate equates to an annualized rate of $1.20 per Common Unit. The distribution is
payable on November 10, 2020 to
Common Unitholders of record as of November
3, 2020.
Nominees are hereby notified that there is a withholding
requirement at the highest applicable effective tax rates for
foreign partners from the cash distribution under Section 1446 of
the Internal Revenue Code.
Suburban Propane Partners, L.P. is a publicly-traded master
limited partnership listed on the New York Stock Exchange.
Headquartered in Whippany, New
Jersey, Suburban has been in the customer service business
since 1928. The Partnership serves the energy needs of
approximately 1.0 million residential, commercial, industrial and
agricultural customers through approximately 700 locations in 41
states.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/suburban-propane-partners-lp-declares-quarterly-distribution-of-0-30-per-common-unit-301157424.html
SOURCE Suburban Propane Partners, L.P.