Suburban Propane Partners (NYSE: SPH) sets $0.325 per-unit quarterly payout

Q: What quarterly distribution did Suburban Propane Partners (SPH) declare for fiscal Q3 2026?

Suburban Propane Partners declared a $0.325 per Common Unit quarterly distribution for the three months ended June 27, 2026. This rate equates to an annualized distribution of $1.30 per Common Unit for unitholders.

Q: When will SPH pay the declared quarterly distribution and what is the record date?

The distribution will be paid on August 11, 2026 to Common Unitholders of record as of August 4, 2026 . Investors must be on the unitholder record by that date to receive the payment.

Q: How are Suburban Propane Partners (SPH) distributions to foreign investors taxed?

The notice states that 100% of SPH’s distributions to foreign investors are income effectively connected with a U.S. trade or business. As a result, these distributions are subject to federal income tax withholding at the highest applicable effective tax rate .

Q: Who is responsible for withholding tax on SPH distributions paid to foreign investors?

The notice explains that brokers and nominees are treated as withholding agents . They are responsible for withholding federal income tax on distributions they receive on behalf of foreign investors in Suburban Propane Partners units.

Q: What type of business is Suburban Propane Partners (SPH) and how large is its footprint?

Suburban Propane Partners is a publicly traded master limited partnership and nationwide distributor of propane, RNG, fuel oil, and related services. It serves approximately 1 million customers through about 750 locations across 42 states in the U.S.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Suburban Propane Partners, L.P. declared a quarterly distribution of $0.325 per Common Unit for the three months ended June 27, 2026, equivalent to an annualized rate of $1.30 per Common Unit. The distribution is payable on August 11, 2026 to Common Unitholders of record as of August 4, 2026.

The notice states that 100% of distributions to foreign investors are attributable to income effectively connected with a U.S. trade or business and are subject to federal income tax withholding at the highest applicable effective tax rate. It also states that 100% of the distribution is in excess of cumulative net income for purposes of Treasury Regulation Section 1.1446(f)-4(c)(2)(iii).

8-K Event Classification

3 items: 7.01, 8.01, 9.01

3 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Quarterly distribution: $0.325 per Common Unit Annualized distribution rate: $1.30 per Common Unit Payment date: August 11, 2026 +5 more

8 metrics

Quarterly distribution $0.325 per Common Unit Declared for the three months ended June 27, 2026

Annualized distribution rate $1.30 per Common Unit Equivalent annualized rate based on the declared quarterly distribution

Payment date August 11, 2026 Date the quarterly distribution is payable to Common Unitholders

Record date August 4, 2026 Common Unitholders of record on this date will receive the distribution

Effectively connected income portion 100% Portion of distributions to foreign investors treated as income effectively connected with a U.S. trade or business

Distribution exceeding cumulative net income 100% Portion of the distribution treated as in excess of cumulative net income under 1.1446(f)-4(c)(2)(iii)

Customers served approximately 1 million Residential, commercial, governmental, industrial and agricultural customers nationwide

Locations and states approximately 750 locations across 42 states Scope of Suburban Propane’s U.S. operating footprint

Key Terms

Common Unit, effectively connected with a United States trade or business, federal income tax withholding, withholding agents, +1 more

5 terms

Common Unit financial

"declared a quarterly distribution of $0.325 per Common Unit"

A common unit is a single piece of ownership in a company, fund, or trust—similar to an ordinary share but often used for pooled vehicles or listings where securities are packaged or governed differently. It matters to investors because each unit represents a claim on profits and, commonly, voting power; like holding a seat at a table, the number of units you own affects your share of returns and influence, and unit structures can also affect liquidity and tax treatment.

effectively connected with a United States trade or business regulatory

"distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business"

A tax status describing when income earned by a foreign person or entity is treated as tied to active business operations inside the United States. If income is 'effectively connected' to a U.S. trade or business, it is usually taxed like domestic business income rather than as passive foreign-sourced income; think of it as income earned by someone who has a real storefront or employees inside the U.S. rather than just selling from afar. Investors care because this classification changes tax rates, reporting requirements, and after-tax returns on U.S.-linked activities.

federal income tax withholding regulatory

"distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate"

Federal income tax withholding is the portion of an employee’s wages that an employer automatically sends to the government to cover that person’s expected federal income tax bill. Think of it like an automatic savings pot taken from each paycheck so the worker doesn’t face a large one-time tax payment; for investors, withholding affects disposable income, cash flow planning, and the timing of tax liabilities tied to salary, dividends, or retirement distributions.

withholding agents regulatory

"Brokers and nominees are treated as withholding agents responsible for withholding distributions"

A withholding agent is an entity (often an employer, broker, or payer) that is legally required to hold back and remit taxes or other required amounts from payments made to a recipient, such as wages, dividends, interest, or contractor fees. For investors, this matters because withheld amounts affect the cash they receive, determine tax reporting and potential refunds, and influence net returns in cross-border or taxable transactions — like a cashier keeping part of a payment to cover a bill.

master limited partnership financial

"Suburban Propane Partners, L.P. is a publicly traded master limited partnership"

A master limited partnership is a type of business structure that combines features of a corporation and a partnership, allowing it to raise money from investors while passing profits directly to them. Think of it as a shared ownership group that offers regular income, making it attractive to investors seeking steady cash flow. This structure is often used by companies involved in natural resources or energy, where consistent revenue is common.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/23/2026 - 07:33 AM Accepted by SEC EDGAR 07/23/2026 - 07:32 AM

FAQ

What quarterly distribution did Suburban Propane Partners (SPH) declare for fiscal Q3 2026?

Suburban Propane Partners declared a $0.325 per Common Unit quarterly distribution for the three months ended June 27, 2026. This rate equates to an annualized distribution of $1.30 per Common Unit for unitholders.

When will SPH pay the declared quarterly distribution and what is the record date?

The distribution will be paid on August 11, 2026 to Common Unitholders of record as of August 4, 2026. Investors must be on the unitholder record by that date to receive the payment.

How are Suburban Propane Partners (SPH) distributions to foreign investors taxed?

The notice states that 100% of SPH’s distributions to foreign investors are income effectively connected with a U.S. trade or business. As a result, these distributions are subject to federal income tax withholding at the highest applicable effective tax rate.

What does it mean that 100% of the SPH distribution exceeds cumulative net income?

For Treasury Regulation Section 1.1446(f)-4(c)(2)(iii), the partnership reports that 100% of the distribution is in excess of cumulative net income. This figure is relevant for brokers and nominees calculating required withholding on transfers involving foreign investors.

Who is responsible for withholding tax on SPH distributions paid to foreign investors?

The notice explains that brokers and nominees are treated as withholding agents. They are responsible for withholding federal income tax on distributions they receive on behalf of foreign investors in Suburban Propane Partners units.

What type of business is Suburban Propane Partners (SPH) and how large is its footprint?

Suburban Propane Partners is a publicly traded master limited partnership and nationwide distributor of propane, RNG, fuel oil, and related services. It serves approximately 1 million customers through about 750 locations across 42 states in the U.S.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

July 23, 2026

Commission File Number: 1-14222

SUBURBAN PROPANE PARTNERS, L.P.

(Exact name of registrant as specified in its charter)


Delaware		22-3410353
(State or Other Jurisdiction		(IRS Employer
of Incorporation)		Identification No.)

240 Route 10 West

Whippany, New Jersey 07981

(973) 887-5300

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol	Name of exchange on which registered
Common Units	SPH	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 7.01. REGULATION FD DISCLOSURE

ITEM 8.01. OTHER EVENTS

On July 23, 2026, Suburban Propane Partners, L.P. (the “Partnership”) issued a press release (the “Press Release”) announcing its Fiscal 2026 Third Quarter Distribution Declaration. A copy of the Press Release has been furnished as Exhibit 99.1 to this Current Report.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.


99.1		Press Release of Suburban Propane Partners, L.P. dated July 23, 2026, announcing the Fiscal 2026 Third Quarter Distribution Declaration.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


July 23, 2026	SUBURBAN PROPANE PARTNERS, L.P.

	By:	/s/ MICHAEL A. KUGLIN
	Name:	Michael A. Kuglin
	Title:	Chief Financial Officer

Exhibit 99.1

     
     News Release
Contact: Michael A. Kuglin
Chief Financial Officer
P.O. Box 206, Whippany, NJ 07981-0206
Phone: 973-503-9252

FOR IMMEDIATE RELEASE

Suburban Propane Partners, L.P. Declares

Quarterly Distribution of $0.325 per Common Unit

Whippany, New Jersey, July 23, 2026 -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced that its Board of Supervisors declared a quarterly distribution of $0.325 per Common Unit for the three months ended June 27, 2026. This quarterly distribution rate equates to an annualized rate of $1.30 per Common Unit. The distribution is payable on August 11, 2026 to Common Unitholders of record as of August 4, 2026.

This press release serves as qualified notice to brokers and nominees as provided for under Treasury Regulation Section 1.1446-4(b). Please note that 100% of Suburban Propane Partners, LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Suburban Propane Partners, LP’s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate without exception. Regarding the amount realized pursuant to 1.1446(f)-4(c)(2)(iii), 100% of the distribution is in excess of cumulative net income. Brokers and nominees are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

About Suburban Propane Partners, L.P.

Suburban Propane Partners, L.P. (“Suburban Propane”) is a publicly traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban Propane has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, renewable natural gas (“RNG”), fuel oil and related products and services, as well as a marketer of natural gas and electricity and producer of and investor in low carbon fuel alternatives, servicing the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 750 locations across 42 states.

Suburban Propane is supported by three core pillars: (1) Suburban Commitment – showcasing Suburban Propane’s almost 100-year legacy, an ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores Suburban Propane’s commitment to excellence in customer service; (2) SuburbanCares – highlighting continued dedication to giving back to local communities across Suburban Propane’s national footprint; and (3) Go Green with Suburban Propane – promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and investing in the next generation of innovative, renewable energy alternatives. For additional information on Suburban Propane, please visit www.suburbanpropane.com.

# # #

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

2 documents

Press Releases

EX-99.1 EX-99.1 12.9 KB