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SPH - The 17.0% Distribution Yield Of Suburban Propane Partners Is Attractive
Suburban Propane Partners L.P.
Suburban Propane Partners (SPH) has plunged 39% in the last two months due to the broad market selloff that has been triggered by the outbreak of coronavirus. Consequently, the stock is now trading near a 10-year low and is offering an exceptional distribution yield of 17.0%. As the effect of coronavirus on Suburban is likely to be limited, the yield of Suburban is remarkably attractive.
Coronavirus
The longest bull market in history recently ended due to the outbreak of coronavirus. This downturn has forced millions of people to stay at home, and thus, it