UGI Declares Common Dividend

Rhea-AI Summary

UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.36 per share, payable on October 1, 2022, to shareholders on record as of September 15, 2022. This marks the company's 138th consecutive year of paying dividends and a 35-year streak of annual increases. Additionally, a 0.125% per annum cash dividend on convertible preferred stock is set for September 1, 2022.

UGI operates in energy distribution and marketing, including natural gas and electric utilities, LPG distribution, and energy marketing services.

Positive

• Declared a quarterly dividend of $0.36, demonstrating commitment to shareholder returns.
• 138 years of consecutive dividend payments, reflecting stability and reliability for investors.
• Increased dividends for 35 consecutive years, indicating confidence in ongoing financial performance.

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 October 1, 2022 to shareholders of record as of September 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 September 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, 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/20220803005884/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 in 2022?

UGI Corporation declared a dividend of $0.36 per share.

When will UGI Corporation pay its quarterly dividend?

The quarterly dividend will be payable on October 1, 2022.

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

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

How long has UGI Corporation been paying dividends?

UGI Corporation has paid dividends for 138 consecutive years.

How many years has UGI Corporation increased its dividend?

UGI Corporation has raised its dividend for 35 consecutive years.