Suburban Propane Sets Quarterly Payout at $0.325 per Unit
Investors holding common units in Whippany-based Suburban Propane Partners, L.P. will receive a quarterly distribution of $0.325 per unit. The payment, which represents an annualized rate of $1.30, is scheduled for distribution on August 11 to all unitholders of record as of the close of business on August 4.

The company confirmed the payout covers the fiscal period ending June 27, 2026. This announcement also serves as a formal regulatory notification for brokers and nominees regarding tax withholding requirements. Under Treasury Regulation Section 1.1446-4(b), the partnership has designated 100% of these distributions to foreign investors as income effectively connected with a United States trade or business. Consequently, these payments are subject to federal income tax withholding at the highest applicable rate, with brokers acting as the responsible withholding agents for foreign accounts.
Headquartered in New Jersey, Suburban Propane operates as a publicly traded master limited partnership. With a history spanning nearly a century, the firm currently provides fuel products and energy services to approximately 1 million customers across 42 states. The company manages a network of 750 locations, balancing traditional propane distribution with investments in renewable natural gas and low-carbon fuel alternatives.
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