UGI Declares Increased Common Dividend Marking the 139th Year of Common Dividends and the 36th Consecutive Year of Annual Dividend Increases
May 03 2023 - 4:15PM
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, representing a 4.2% increase. The dividend is payable
July 1, 2023, to shareholders of record as of June 15, 2023.
Roger Perreault, President and Chief Executive Officer of UGI,
said, “We are pleased to mark the 36th consecutive year of
increasing dividends, building on our long history of delivering
returns to shareholders while investing for continued growth. This
consistency demonstrates the strength and resilience of UGI and its
capital allocation strategy as we seek to create shareholder value
as both a growth and income investment.”
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 June 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.
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