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UGI Corporation declares quarterly dividend of $0.375 per share of common stock and 0.125% per annum on convertible preferred stock.
Positive
UGI Corporation has declared a quarterly dividend of $0.375 per share of its common stock. This indicates the company's commitment to providing returns to its shareholders. The dividend is payable on October 1, 2023, which could positively impact the stock price as investors may find it attractive. UGI has a strong track record of paying common dividends for 139 consecutive years and increasing its dividend for the last 36 years, demonstrating its financial stability and commitment to shareholders.
Negative
None.
VALLEY FORGE, Pa.--(BUSINESS WIRE)--
The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock. The dividend is payable October 1, 2023, to shareholders of record as of September 15, 2023. UGI has paid common dividends for 139 consecutive years and raised its dividend in each of the last 36 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, 2023.
About UGI
UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services in the US and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services.
Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.
ugi corporation (the “company”) is a holding company that, through subsidiaries, distributes, stores, transports and markets energy products and related services. we are a domestic and international retail distributor of propane and butane (which are liquefied petroleum gases (“lpg”)); a provider of natural gas and electric service through regulated local distribution utilities; a generator of electricity; a regional marketer of energy commodities; an owner and manager of midstream assets; and a regional provider of heating, ventilation, air conditioning, refrigeration and electrical contracting services. our subsidiaries and affiliates operate principally in the following six business segments: • amerigas propane • international propane - antargaz • international propane - flaga & other • energy services • electric generation • gas utility ugi corporation (nyse:ugi) is a fortune 500 company that provides investors with a balanced growth and income vehicle. ugi has paid common dividend
