WHIPPANY, N.J., July 23, 2014 /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 $0.8750 per Common Unit for the three months
ended June 28, 2014. This quarterly
distribution rate equates to an annualized rate of $3.50 per Common Unit. The distribution is
payable on August 12, 2014 to Common
Unitholders of record as of August 5,
2014.
Nominees are hereby notified that there is a withholding
requirement of 39.6% for foreign partners from the $0.8750 per unit 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 1.2 million residential, commercial, industrial and
agricultural customers through more than 750 locations in 41
states.
SOURCE Suburban Propane Partners, L.P.