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The Board of Directors of UGI Corporation (NYSE: UGI) has announced a quarterly dividend of $0.345 per share, payable on January 1, 2022 to shareholders of record by December 15, 2021. UGI has maintained a strong dividend history, with 137 consecutive years of payments and 34 years of increases. Additionally, a 0.125% per annum cash dividend on the convertible preferred stock (part of Equity Units, NYSE: UGIC) will be paid on December 1, 2021.
Positive
UGI has a strong dividend history, with 137 consecutive years of dividend payments and 34 consecutive years of increases.
The declared dividend of $0.345 per share reflects the company's commitment to returning value to shareholders.
Negative
None.
VALLEY FORGE, Pa.--(BUSINESS WIRE)--
The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.345 per share of the company’s common stock. The dividend is payable January 1, 2022 to shareholders of record as of December 15, 2021. UGI has paid common dividends for 137 consecutive years and raised its dividend in each of the last 34 years.
UGI’s Board of Directors also declared a quarterly dividend of 0.125% per annum, payable in cash, on the company’s convertible preferred stock, which was issued as part of Equity Units (NYSE: UGIC) on May 25, 2021. The dividend is payable December 1, 2021.
About UGI
UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, natural gas utilities in West Virginia, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas, in the Mid-Atlantic region of the United States and California, and internationally in France, Belgium, the Netherlands and the UK.
Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.