UGI Declares Common Dividend

Rhea-AI Summary

UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.345 per share, payable on October 1, 2021, to shareholders of record as of September 15, 2021. UGI has a history of paying common dividends for 137 consecutive years and has increased its dividend for the last 34 years. Additionally, a 0.125% per annum dividend on convertible preferred stock will be payable in cash on September 1, 2021. UGI is involved in energy product distribution and operates utilities in multiple states and internationally.

Positive

• UGI has declared a quarterly dividend of $0.345 per share, enhancing shareholder income.
• The company maintains a strong record of 137 consecutive years of dividends.
• UGI has increased its dividend for 34 consecutive years, indicating robust financial health.

Negative

• None.

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 October 1, 2021 to shareholders of record as of September 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 September 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, 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 twelve states and the District of Columbia 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210804005972/en/

FAQ

What is the dividend amount declared by UGI Corporation?

UGI Corporation has declared a quarterly dividend of $0.345 per share.

When will UGI's dividend be paid?

The dividend will be paid on October 1, 2021, to shareholders of record as of September 15, 2021.

How long has UGI Corporation been paying dividends?

UGI Corporation has paid common dividends for 137 consecutive years.

What is the history of UGI's dividend increases?

UGI has raised its dividend for the last 34 years.

What is the dividend on UGI's convertible preferred stock?

UGI has declared a dividend of 0.125% per annum on its convertible preferred stock, payable on September 1, 2021.