UGI Declares Common Dividend

Rhea-AI Summary

UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.36 per share, payable on January 1, 2023, to shareholders of record as of December 15, 2022. This marks the 138th consecutive year of common dividends and a 35-year streak of increases. Additionally, a dividend of 0.125% per annum will be paid on the Company’s convertible preferred stock on December 1, 2022. UGI operates in energy distribution and marketing across several states and internationally, reinforcing its commitment to shareholder returns.

Positive

• UGI has declared a quarterly dividend of $0.36 per share, enhancing shareholder income.
• The company has a 138-year history of paying dividends and has increased its dividend for 35 consecutive years.

Negative

• None.

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.36 per share of the Company’s common stock. The dividend is payable January 1, 2023 to shareholders of record as of December 15, 2022. UGI has paid common dividends for 138 consecutive years and raised its dividend in each of the last 35 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. The dividend is payable December 1, 2022.

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, and the Netherlands.

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/20221117006064/en/

INVESTOR RELATIONS

610-337-1000

Tameka Morris, ext. 6297

Arnab Mukherjee, ext. 7498

Source: UGI Corporation

FAQ

What is the dividend amount declared by UGI Corporation?

UGI Corporation has declared a quarterly dividend of $0.36 per share.

When is the dividend payable for UGI Corporation?

The dividend is payable on January 1, 2023.

What is the record date for UGI Corporation's dividend?

The record date for the dividend is December 15, 2022.

How long has UGI Corporation been paying dividends?

UGI Corporation has paid common dividends for 138 consecutive years.

How often does UGI Corporation increase its dividends?

UGI Corporation has raised its dividend in each of the last 35 years.