Superior Plus Corp. Declares Quarterly Dividend and Reaffirms Commitment to Energy Transition
Superior Plus Corp. (“Superior” or “the Company”) a leading provider of energy solutions across North America, announced today that its Board of Directors has approved a quarterly dividend of CAD $0.045 per common share. This dividend will be payable on April 15, 2026, to shareholders of record at the close of business on March 31, 2026. With this latest declaration, Superior maintains an annualized cash dividend rate of CAD $0.18 per share. Importantly, this dividend qualifies as an eligible dividend for Canadian income tax purposes, offering shareholders certain tax advantages under Canadian tax legislation.
The approval of this dividend is an expression of the company’s strong financial discipline and its ongoing commitment to providing consistent value to its shareholders. Dividend declarations are a key measure of a company’s confidence in its ongoing operational performance and cash flow stability. By continuing to provide a reliable dividend, Superior not only rewards its investors but also signals its solid market positioning within the energy distribution sector, particularly in the North American context where energy demand remains robust and increasingly diverse in terms of fuel types.
About Superior Plus Corp.
Founded with a focus on delivering energy solutions safely and efficiently, Superior Plus Corp. has emerged as a prominent player in the North American energy market. The Company is a leading distributor of propane, compressed natural gas (CNG), renewable natural gas (RNG), hydrogen, and related energy products and services. Through these offerings, Superior serves a substantial customer base, reaching approximately 750,000 customer locations across the United States and Canada. Its operations span residential, commercial, agricultural, industrial, and utility sectors, reflecting both the diversity of its clientele and the breadth of its service capabilities.
At the core of Superior’s operations is its propane distribution business. Propane is a versatile, low-carbon fuel that powers heating, cooking, and industrial processes in regions that are not connected to natural gas pipelines. By providing propane reliably and safely, Superior helps its customers maintain energy access while mitigating environmental impact. Over the years, Superior has invested significantly in infrastructure, technology, and safety protocols to ensure that propane distribution is conducted efficiently, with a strong emphasis on regulatory compliance and environmental stewardship.
In addition to traditional propane distribution, Superior is actively expanding into the distribution of compressed natural gas, renewable natural gas, and hydrogen. CNG and RNG are increasingly recognized as cleaner alternatives to conventional fossil fuels, and hydrogen is emerging as a critical component of the global energy transition. Superior’s engagement in these sectors demonstrates its proactive approach to evolving energy markets and its commitment to sustainability. By offering low-carbon fuel alternatives, Superior not only supports customers’ operational efficiency but also contributes meaningfully to global efforts to reduce greenhouse gas emissions and transition toward more sustainable energy systems.
Commitment to the Energy Transition
Superior’s strategic focus on renewable and low-carbon fuels positions the company at the forefront of the energy transition. The global energy landscape is shifting, driven by the urgent need to reduce carbon emissions and address climate change. Governments, businesses, and consumers are increasingly seeking energy solutions that are environmentally sustainable while remaining cost-effective and reliable. Superior’s business model aligns perfectly with these objectives.
Through its CNG and RNG offerings, Superior provides an important pathway for customers to replace more carbon-intensive fuels with cleaner alternatives. Renewable natural gas, derived from organic waste sources such as agricultural residue or landfill gas, offers a significant reduction in greenhouse gas emissions compared to conventional natural gas or petroleum-based fuels. Similarly, hydrogen, which emits only water when used as a fuel, represents a transformative solution for sectors seeking zero-emission energy options. Superior’s ability to integrate these technologies into its distribution network underscores the company’s commitment to innovation and sustainability, and highlights its leadership in advancing a low-carbon energy economy.
By facilitating the transition from traditional fossil fuels to low-carbon alternatives, Superior also helps customers reduce their operating costs and improve environmental performance. For businesses, adopting cleaner fuels can lead to long-term financial benefits by reducing fuel expenses, improving energy efficiency, and aligning with increasingly stringent environmental regulations. For residential customers, cleaner energy solutions translate into safer, more reliable, and environmentally responsible heating and energy options. Through this dual focus on financial and environmental value, Superior continues to strengthen its reputation as a trusted energy partner across North America.
Financial Stability and Shareholder Value
The declaration of a quarterly dividend reflects Superior’s strong financial health and disciplined management of its cash flow. Dividends are a critical component of shareholder value, providing a tangible return on investment while also signaling the company’s confidence in its ongoing performance. Superior’s consistent dividend policy demonstrates the company’s ability to generate sustainable cash flow from its core operations, including propane distribution, CNG, RNG, and hydrogen services.
By maintaining an annualized dividend of CAD $0.18 per share, Superior offers investors a reliable income stream, which is particularly attractive in the context of fluctuating energy markets. The eligibility of the dividend for Canadian income tax purposes further enhances its appeal to shareholders, allowing them to benefit from favorable tax treatment. Superior’s approach to dividend policy balances shareholder returns with strategic reinvestment in its operations, ensuring that the company continues to grow while providing consistent value to its investors.
Operational Excellence and Safety
Safety and operational excellence are foundational to Superior’s business model. Handling and distributing energy products, particularly propane and other compressed gases, requires meticulous attention to safety protocols and regulatory compliance. Superior has developed comprehensive safety systems and training programs to minimize risks and ensure the secure handling of fuels at every stage of the supply chain. This commitment not only protects employees and customers but also enhances the reliability and efficiency of the company’s operations.
Superior also leverages advanced technology to optimize logistics, track fuel deliveries, and monitor infrastructure performance. These investments in operational efficiency contribute to the company’s ability to serve a large and geographically dispersed customer base effectively. Whether delivering propane to rural households, supplying CNG to commercial fleets, or distributing renewable fuels to industrial clients, Superior’s focus on operational excellence ensures consistent quality, safety, and customer satisfaction.
Strategic Outlook
Looking ahead, Superior Plus Corp. is well-positioned to capitalize on emerging trends in the energy sector. The demand for cleaner, low-carbon fuels is expected to grow substantially over the coming years, driven by both regulatory initiatives and consumer preference for sustainable energy solutions. Superior’s integrated portfolio of energy products and services, combined with its extensive distribution network, provides a competitive advantage in meeting this growing demand.
Furthermore, the company’s proactive approach to innovation, including investments in RNG and hydrogen infrastructure, positions it to participate in the evolving energy landscape while supporting the broader goals of energy transition and decarbonization. By continuing to expand its low-carbon offerings and enhancing operational efficiency, Superior aims to deliver sustainable growth and long-term value to shareholders, customers, and communities.
