Welcome to our dedicated page for Ugi news (Ticker: UGI), a resource for investors and traders seeking the latest updates and insights on Ugi stock.
UGI Corporation (NYSE: UGI) delivers essential energy solutions through propane distribution, natural gas utilities, and midstream operations. This news hub provides investors and industry stakeholders with centralized access to official updates and market developments.
Track critical announcements including quarterly earnings, infrastructure investments, regulatory filings, and partnership agreements. Our curated feed combines press releases with verified third-party analysis for complete perspective on UGI's operational and financial trajectory.
Key coverage areas include energy commodity pricing impacts, international propane market trends, utility rate case decisions, and sustainability initiatives. Bookmark this page for real-time updates on one of North America's most diversified energy distributors.
UGI (NYSE: UGI) announced the final remarketing period for its 0.125% Series A Cumulative Perpetual Convertible Preferred Stock. The period starts on May 23, 2024, and ends on May 30, 2024. The Convertible Preferred Stock has a liquidation preference of $1,000 per share. The Company issued this stock as part of its equity units in May 2021. There is no guarantee of successful remarketing during this period.
UGI (NYSE: UGI) has announced a quarterly dividend of $0.375 per share for common stock shareholders, payable on July 1, 2024. The company has a history of paying dividends for 140 consecutive years.
UGI reported strong financial results for the fiscal quarter ended March 31, 2024, with GAAP diluted EPS of $2.30 and adjusted diluted EPS of $1.97. The Board concluded the strategic review of its LPG businesses, focusing on AmeriGas Propane, and decided to retain ownership. The company aims for a long-term EPS growth rate of 4-6% and affirmed its commitment to return value to shareholders through dividend payments. UGI reaffirmed its fiscal 2024 adjusted diluted EPS guidance range of $2.70 - $3.00 per share.